- European Central Bank Governing Council member Jens Weidmann: the government bonds purchases by the ECB are problematic
Market news
17 May 2016
European Central Bank Governing Council member Jens Weidmann: the government bonds purchases by the ECB are problematic
The European Central Bank (ECB) Governing Council member and Bundesbank President Jens Weidmann said in an interview with German newspaper Die Welt that he thought the government bonds purchases by the ECB were problematic as central bank become the biggest creditors that states.
He also said that the criticism on the recent stimulus measures by the ECB was driven by some measures that blurred the lines between monetary and fiscal policy.
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