ECB's Weidmann isolated on opposing bond buying: paper
From reuters.com
German Central Bank President Jens Weidmann is completely isolated in the European Central Bank in his opposition to buying government bonds, a Dutch newspaper reported on Tuesday, citing unnamed sources. Both publicly and behind closed doors, Weidmann has no support for his opposition to ECB President Mario Draghi's plan to help Spain and Italy with new interventions, Dutch daily Het Financieele Dagblad said. Other monetary hawks, including Dutch Central Bank President Klaas Knot and ECB board member Joerg Asmussen, do not oppose restarting the bond buying program, the paper said. Draghi is expected to reveal ...
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