Highlights of the Bundesbank's monthly bulletin
- Sees German capital investment being held back
- Easing Greek fiscal targets would be costly
- Greek government must make proposals and implement agreements to avoid country becoming insolvent
- Solution not possible without substantial reforms
- Greece's ability to repay debt is acutely threatened
- Bought €12.5bn in EAPP in Q1, mostly bunds
Ze German central bank using its monthly note to have a pop at Greece
