May.22 — Michael Diederich, the head of UniCredit’s German unit, says loan applications have increased during the coronavirus crisis and no industries have been excluded from lending. The bank has taken a role in supporting state-backed loans to companies including Adidas, Sixt and Ceconomy. He speaks on “Bloomberg Markets: European Open.”
In This Story: Germany
Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.