Europe’s patchwork of regulations is holding investors back, says German banking head

By Christian Kraemer and Maria Martinez

WASHINGTON (Reuters) -International investors have shown renewed interest in Germany at this week’s IMF meetings in Washington, but Europe’s fragmented regulatory framework is holding them back, the head of the Association of German Banks told Reuters.

“Many are holding back because Europe is still a patchwork of different national regulations,” Heiner Herkenhoff said in an interview on the sidelines of the International Monetary Fund gathering. “We urgently need to address this.”

He called for a unified and liquid capital market in Europe. “Unfortunately, we’ve been working on that for far too long already,” Herkenhoff said.

INVESTORS’ INTEREST IN GERMANY ON THE RISE

International investors are showing more interest in Germany following the new