Germany's central bank gov in unsurprising comments to FAZ
- current budget rules must be strengthened
Weidmann has long been a supporter of greater reforms, a mantra rolled out by many central bankers including those at the ECB, but would a Eurozone finance ministry be at all workable? I doubt it.
Meanwhile the euro is finding a few buyers after playing second fiddle to the yen as the session welcomes our friends from across the pond. All very fragile still though.
EURUSD 1.1122 USDJPY 116.24 EURJPY 129.34 EURGBP 0.7725
Weidmann - Hold on one goddam moment. We need reforms first
