Reuters: US Dollar Report: German fin min: low rates show worry, not stability

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German fin min: low rates show worry, not stability Jun 27th 2012, 12:56 BERLIN, June 27 | Wed Jun 27, 2012 8:56am EDT BERLIN, June 27 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Wednesday he did not wish for interest rates for Germany to remain so low because this was an expression of concern in financial markets rather than stability. Asked if he wanted rates to stay at levels he described as "unnaturally low," Schaeuble said: "The answer is no, because I believe interest rates which are in practice negative rates are an expression of worry in the markets rather than stability." Schaeuble told a news conference he did not fear further downgrades for Germany caused by exposure to the euro zone debt crisis, after a downgrade by the Egan-Jones agency. "I am not worried about that. We remain solid," he said.

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