Speaking in NY at Council on foreign relations
- QE boosting German surplus via weaker euro
- he foresaw that ECB's QE would weaken euro
- Europe problem is monetary without fiscal union
- euro zone to contribute to sustainable growth
- Europe will deliver and solve its own problems
- euro zone has overcome crisis. There is no contagion
- Nobody expects solution for Greece set next euro group meeting
- Greece bottomless pit without being competitive
