Klingbeil to Support Push to End EU Capital-Markets Impasse

German Finance Minister and Vice Chancellor Lars Klingbeil said he’ll support a push to try to break a deadlock on a decade-old European Union effort to deepen the bloc’s capital markets.

“I’ve agreed with my French counterpart to collaborate” on this, Klingbeil said Friday during his first official visit of the Frankfurt stock exchange since becoming finance minister last month.

He’ll have an opportunity to discuss this with France’s Eric Lombard in person when the two attend meetings of euro-area finance ministers in Luxembourg on Thursday. Klingbeil’s Social Democrats are the junior partner in the new German government, where ...