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View Full Version : Weidmann Says ECB Should Resist Pressure to Use 'Nuclear Option' - Bloomberg



NewsWhore
01-18-2012, 01:30 PM
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Weidmann Says ECB Should Resist Pressure to Use &#39;Nuclear Option&#39; (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH0obvVW5mBWOeWf4DeGgF9RWC5sw&url=http://www.bloomberg.com/news/2012-01-18/weidmann-says-ecb-should-resist-pressure-to-use-nuclear-option-.html)
Bloomberg
Such an approach would violate European Union law, take away the incentive for governments to implement fiscal reforms and redistribute losses within the currency union, Weidmann said. While the ECB has bought 217 billion euros ($279 billion) of bonds ...

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