RTRS: German economy minister supports Weidmann in bond buy opposition

Roesler was quoted saying that Weidmann was right to make his opposition heard about the strategy to lower Italian and Spanish borrowing costs by buying bonds .

“Bond purchases cannot remain a permanent solution as they drive the danger of inflation”.

On Friday , Weidmann was reported to have threatened to quit several times in recent weeks over his frustration with the ECB plan but to have dissuaded by the German government .-

Rheinische Post

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