An interview in Germany’s Bild Zeitung, BUBA and ECB man Jens Weidmann says that while the euro area is currently “in rehab” calm in financial markets may be deceiving.
- Euro countries need to stay on reform course
- Framework for solid state finances must be strengthened
- Financial markets & banks must be better regulated & supervised
- Everyone must be aware of his responsibility for a stable basis in his own country and the entire euro area
Ever the Germans looking on the brightside
Mind you I’d rather German caution than the constant “Everything’s going to be fine and dandy” from nearly every other European politician outside of Germany.