ECB Buying Up Greek Bonds German Central Bankers Suspect French Intrigue

The European Central Bank has been buying up Greek bonds by the bucketload, even though Athens is already getting money from an EU rescue fund. German central bankers suspect a French plot behind the massive buy-up -- after all, it gives French banks the perfect opportunity to get rid of their Greek assets.
Von Wolfgang Reuter
European Central Bank President Jean-Claude Trichet: German central bankers are skeptical about the ECB's buying-up of Greek bonds.

European Central Bank President Jean-Claude Trichet: German central bankers are skeptical about the ECB's buying-up of Greek bonds.

Foto: RALPH ORLOWSKI/ REUTERS
Translated from the German by Christopher Sultan