Think what he’s trying to say here is, don’t bloody expect Germany to make up any difference….
- ECB has no mandate to finance states
- ECB will continue to fulfill mandate
- ECB can buy govt bonds to counter market distortions
- I respect Weidmann’s vote against ECB bond buying plan
- I have confidence in the ECB
- ECB hasn’t stated size of bond buys to fight speculation
- ECB won’t take decisions that lead to financing govts
Dow Jones reporting.