The optimistic Bundesbank for the EU in 2015 thanks to lower … – Boursorama

The optimistic Bundesbank for the EU in 2015 thanks to lower … – Boursorama

The Bundesbank President Jens Weidmann during a meeting of the presidents of central banks zoneeuro in Frankfurt November 21, 2014 (AFP / File / Daniel Roland)

The head of the German central bank Weidmann estimated Sunday that the economic situation in Europe was not as bad as some expected, particularly due to lower oil prices.

“Europe is not as bad as some people think,” a- he told the Frankfurter Allgemeine Sonntagszeitung (Sunday edition of the FAZ), recalling that “experts predict a recovery in the euro zone, but at a slow pace.”

He reiterated his opposition to the idea of ​​buying assets by the European Central Bank to boost growth, considering that the oil price drop should be enough to jump-start the economy.

“We have just received an instrument of ? Free stimulation, why add to monetary policy, “he said

.” It annoys me to hear anyone discuss one thing: when will you finally redeem? “he said, adding that the ECB should not give in to pressure from financial markets. “These purchases will result in debts that will be those of the central banks of the euro area, and therefore ultimately the taxpayers.”

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