Merkel addresses German parliament during annual budget debate

The transcript discusses the poor performance attributed to political alliances and the need for a stability culture in Germany, which could serve as a model for Europe. It highlights the establishment of a European financial oversight body, including the regulation of rating agencies, to ensure transparency and control in financial markets.

Was ist die Rolle der europäischen Finanzaufsicht laut dem Text?

Warum ist es wichtig, dass jeder Akteur auf den Finanzmärkten reguliert ist?