Schaeuble urges quick coalition deal, cites banking union

Wed Sep 25, 2013 6:25am EDT
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BERLIN (Reuters) - Finance Minister Wolfgang Schaeuble said on Wednesday that he would prefer to avoid long drawn-out negotiations on forming a new German government, in part because of outstanding European issues like banking union that need to be resolved quickly.

"I would prefer a quick deal to a slow one, given some important European policy decisions we are faced with, for example on banking union," Schaeuble told Die Zeit weekly in an interview.

(Reporting by Noah Barkin)

German Finance Minister Wolfgang Schaeuble gestures during a cabinet meeting at the Chancellery in Berlin August 28, 2013. REUTERS/Fabrizio Bensch