Some minor news from the weekend catch-up … Christian Social Union chairman and Bavaria state premier Horst Seehofer said in an interview (to be published in Germany on Monday) that the ECB’s new schemes to bolster lending and buy asset-backed securities would scare Germans.
- “It’s only going to frighten a lot of people when ECB chief Mario Draghi opens up the central bank’s money tap and at the same time buys junk paper”
More at Reuters
