Germany's Schaeuble wants to rebalance EU Commission's role


  • World
  • Thursday, 30 Jul 2015

German Finance Minister Wolfgang Schaeuble pauses during a Bundesbank banking congress in Frankfurt, Germany, July 9, 2015. REUTERS/Ralph Orlowski

BERLIN (Reuters) - Germany's finance minister wants to correct the balance between the European Commission's political role and its regulatory powers, reflecting concern in Berlin over the EU executive's neutrality as its political clout grows.

A spokeswoman for the German Finance Ministry said on Thursday that Wolfgang Schaeuble had raised the idea at a meeting of European Union finance ministers in Brussels two weeks ago.

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