ECB vice president, Luis de Guindos, remarks to der Spiegel


  • German economic stimulus program is very positive
  • Germany has the financial wiggle room to quickly react to the crisis
  • But feels that a Pan-European fiscal reaction is still necessary

Nothing that really stands out as new here from de Guindos as ECB policymakers are continuing to try and get lawmakers to budge when it comes to the recovery fund.