Weidmann says ECB is not the only crisis manager: paper
(Reuters) – Bundesbank chief Jens Weidmann warned against relying on the European Central Bank as the only crisis manager, telling a Finnish newspaper that its bond buyback program me was risky. "Central banks in recent years have been pulled into the role of a crisis manager. Some think that central banks are the only able ones. I consider this thinking wrong and dangerous," Weidmann, also ECB Governing Council member, told Helsingin Sanomat in an interview. His comments were published in Finnish on the newspaper’s website on Sunday. . . .
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