ECB Weidman: Germany is not in an economic crisis

Bundesbank Pres. and member of the ECB Jens Weidman

The Bundesbank Pres and member of the ECB Jens Weidman is on the wires saying:

• Germany is not in an economic crisis
• not against expansionary policy, must weigh how much.
• Interest rates are close to the lower bound

There are those who feel that monetary policy has done all can in the EU, and that countries like Germany should employ more fiscal policy to boost growth.