Bundesbank President Jens Weidmann expressed doubt a potential government bond-buying program would be sufficient to boost the economy in the Eurozone

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24 noviembre 2014

Bundesbank President Jens Weidmann expressed doubt a potential government bond-buying program would be sufficient to boost the economy in the Eurozone

Germany's Bundesbank President Jens Weidmann expressed doubt at a conference in Madrid on Monday that a potential government bond-buying program would be sufficient to boost the economy in the Eurozone.

He noted that "the monetary policy can influence short-term demand, it cannot permanently boost growth prospects".

Weidmann pointed out that Europe's economies needed to raise productivity.

Weidmann is a European Central Bank Governing Council member.

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