Photo Gallery: The Euro Crisis Troublemaker
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Photo Gallery: The Euro Crisis Troublemaker

The Bundesbank against the World German Central Bank Opposes Euro Strategy

The European Central Bank plans to resume buying the bonds of crisis-hit countries on a large scale. Jens Weidmann, head of the German central bank, is firmly opposed to the idea, arguing that it will lead to inflation and lessen pressure on governments to carry out reforms. But he is becoming increasingly isolated within the ECB and in the political world.
Translated from the German by Christopher Sultan