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Bundesbank, President Weidmann threatens to resign: “ECB Bond? drug addict states”

As reported by the Bild-Zeitung newspaper, the president of the German Central Bank, Jens Weidmann, is threatening to resign – The crux is always the purchase of public bonds by the ECB: "It would be a drug, it would make countries drug addicts" .

Bundesbank, President Weidmann threatens to resign: “ECB Bond? drug addict states”

Disagreement with the ECB's government bond purchase program led Bundesbank president Jens Weidmann to threaten his resignation. The newspaper Bild-Zeitung writes it, citing financial sources. According to Bild, it was the German government that convinced Weidmann to stay in his place.

The number one of the German Central Bank has repeatedly criticized the purchases of public bonds by the ECB, coming to compare them to a “drug” that would make states “drug addicts”.

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