BERLIN (MNI) – German Finance Minister Wolfgang Schaeuble said
Thursday he does not believe governments will be able to create a public
rating agency.

Schaeuble told reporters on the sidelines of an industry conference
here that he does not believe that “states will be able to do [ratings]
on their own.”

Yet, the Minister said he would like to see a bigger diversity of
rating agencies.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

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