• Bundesbank President Jens Weidmann: debt in the Eurozone has reached the “danger zone”

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27 marzo 2015

Bundesbank President Jens Weidmann: debt in the Eurozone has reached the “danger zone”

The Bundesbank President Jens Weidmann said in Frankfurt on Friday that debt in the Eurozone has reached the "danger zone" as public debt totalled 91% and corporate debt - 105%.

Weidmann noted that a European solution may be required for the regulatory treatment of sovereign debt.

"Sovereign debt needs to be backed by capital, and exposure to a single sovereign must be capped, just as is the case for any private debtor", the Bundesbank president said.

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