Tag Archives: German Central Bank Head Warns Merkel On Repeated Weakening Of Positions; Third Front Against Merkel

Mish/ Mike Shedlock – German Central Bank Head Warns Merkel On Repeated Weakening Of Positions; Third Front Against Merkel – 6 July 2012

Chancellor Angela Merkel is now under pressure from a third front, this time, from Jens Weidmann, president of the Bundesbank (Germany’s Central Bank). The Financial Times reports Weidmann warns Merkel over weakening

Germany’s top central banker has criticised the decisions of last week’s summit to help debt-laden eurozone members, warning that the bloc was “constantly mutualising risks and weakening the agreed rules”. Continue reading

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