Jens Weidmann

Academy of Athens selects Draghi as foreign partner

The Academy of Athens selected European Central Bank President Mario Draghi as its foreign partner in the sector of economic studies and economic and monetary policy on Thursday.
"With his work he has contributed decisively toward the preservation of monetary and financial stability, and the support of economic growth in Europe and internationally," a statement by the Academy read.

ECB: Greek banks' special status at risk

Without a post-bailout program framework, the special status allowing Greek banks to enjoy European Central Bank financing will be lost, ECB governing council member Benoit Coeure is said to have told Greek bankers on Monday in Frankfurt, while Bundesbank President Jens Weidmann also expressed support for such a framework for Greece.

Italian PM Mateo Renzi tells Germany to mind its own business

Italian PM Mateo Renzi unleashed some tough criticism against Austria and Germany, during an interview on Italian TV. Renzi blasted the head of the German central bank ‘Deutsche Bundesbank’, Jens Weidmann, underlining that the ‘time they were lecturing us us is over’. ‘The director has so many problems to be concerned with.

Bundesbank disagrees with more quantitative easing by ECB

According to financial newspaper ‘Wall Street Journal’, the new quantitative easing measures announced Thursday by European Central bank (ECB) President Mario Draghi are opposed by the German central bank, Bundesbank. The paper cites a source from the German bank as saying that the new round of money printing will create a vicious circle of high expectations and disappointments in the market.

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