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Schaeuble urges quick coalition deal, cites banking union

German Finance Minister Wolfgang Schaeuble gestures during a cabinet meeting at the Chancellery in Berlin August 28, 2013. REUTERS/Fabrizio Bensch

BERLIN (Reuters) - Finance Minister Wolfgang Schaeuble said on Wednesday that he would prefer to avoid long drawn-out negotiations on forming a new German government, in part because of outstanding European issues like banking union that need to be resolved quickly.

"I would prefer a quick deal to a slow one, given some important European policy decisions we are faced with, for example on banking union," Schaeuble told Die Zeit weekly in an interview.

(Reporting by Noah Barkin)