German savings bank chief calls for exit from expansive ECB policy

February 2, 2017 3:52 AM EST

BERLIN (Reuters) - The head of Germany's savings bank association called on Thursday for the first steps to be taken to exit the European Central Bank's expansionary monetary policy.

"We need the first steps now to exit this expansive monetary policy," Georg Fahrenschon told a business conference in Berlin.

(Reporting by Paul Carrel)



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