Jens Weidmann, Governor of the Bundesbank and member of the Board of Governors of the ECB, said:
- The slowdown in inflation and uncertainty about the path of inflation was behind the ECB's decision yesterday to wait and assess the monetary policy
- The ECB proposes extending the maturity of Euro zone bonds if the issuing country has applied for rescue money.
- Printing money to fight unemployment ends with rising inflation and rising unemployment.
- In the long term, monetary policy can not interfere with the will of people in democratic countries.
- Our destination has been and is still oriented towards stabilization.
- The ECB's Governing Council needs to hold out in the future to begin tightening monetary policy and raise interest rates again.
- The actions of the European Union and the euro system have not made the monetary union more durably stable.
- It is necessary to eliminate economic links between banks and member states of the euro area.
- The ECB should not miss the right moment to work on monetary policy.