BY A. AND M. Hoening BROECKER – last updated: 10.11.2012 – 09:08
Dusseldorf / Frankfurt (RPO).Bundesbank President Jens Weidmann speaks to our editorial about inflation risks, the German foreign overlapping gold and relief operations for the faltering Greece.
Jens Weidmann – Merkel’s man for the Bundesbank
On Monday advised the Treasury on new aid for Greece.Should flow to help, even though the country is actually economically at the end?
Weidmann Politics has apparently decided to finance Greece. However, subsidies should only flow if the troika, that the experts of the European Central Bank, IMF and EU find that the country can carry on its debt duration and implement the agreed reforms. And this judgment is pending.
Many experts see no light at the end of the tunnel?
Weidmann Method There: Is it the lack of will to reform or to external influences, that the situation in Greece is worse than expected? It is clear that aids only make sense if Greece is doing enough themselves. This is not only a very important signal for Greece, but also for the other crisis countries. The pressure for reform in Europe must be maintained, otherwise barely moves a little and the euro-zone slides into a transfer union. Then the stability of the monetary union would be in danger. More Interview>>
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