December 30, 2013 / 11:23 AM / 5 years ago

Low interest rates cannot continue for ever: German FinMin

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble told a newspaper on Monday that low interest rate policies adopted by central banks around the world could not continue for ever.

German's Finance Minister Wolfgang Schaeuble attends a news conference at the Bercy Finance Ministry in Paris December 19, 2013. REUTERS/Charles Platiau

Schaeuble told Bild daily that expansive monetary policy around the world caused problems for long-term investments.

“That cannot, of course, carry on for ever,” he told Tuesday’s edition of the paper, according to extracts of an article released in advance.

Reporting by Madeline Chambers

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