Before completing the banking union, the zero-risk weighting of government bonds should be ended, insolvency law had to be harmonized and non-performing loans had to be reduced, Wieland warned.
He also warned against meeting the demands of the French President Emanuel Macron for a joint budget with too much concession. Instead of accepting Macron's fiscal proposals, his ideas of a joint intervention force and frontier policy should be implemented, Wieland said.
Börsen-Zeitung: "Sorge um den Zustand Europas lässt Kritiker an die EU heranrücken" (Paid Content)
Südwestpresse: "Alamglocken in Europa sind lauter geworden"
Speech: "For a future-oriented currency and economy - strengthening individual responsibility, competition, and capacity for action" (PDF in German)