The World from Berlin ECB Path 'Could Threaten Euro Zone Cohesion'

The European Central Bank is resisting calls to buy government bonds, but it has cut interest rates to just one percent. German commentators on Thursday examine whether the ECB is pursuing the right course of action in the face of the currency crisis.
European Central Bank President Mario Draghi at the euro summit on Dec. 9.

European Central Bank President Mario Draghi at the euro summit on Dec. 9.

Foto: FRANCOIS LENOIR/ REUTERS
-- David Knight, with wires