BERLIN (MNI) – Germany does not agree with a paragraph in the draft
communique for Wednesday’s EU summit that says the European Central Bank
is to continue its non-standard measures, German Chancellor Angela
Merkel said Tuesday.

“Germany does not accept this sentence,” Merkel told reporters. “We
are negotiating at the moment to get a statement from the European
Central Bank on what it plans to do and then we will take a position on
that.”

The Chancellor stressed that Germany “wants to see in the wording
[of the communique] much more clearly what the European Central Bank
wants to do…in order to prevent the misunderstanding that politics are
expecting something of the ECB.”

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

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