ATHENS | Sat Mar 16, 2013 3:20pm EDT ATHENS (Reuters) – Athens has started exploring local lenders’ interest in taking over the Greek units of Cypriot banks, as part of the island’s international bailout agreed earlier on Saturday, Greece’s finance… Read More ›
George Provopoulos
Debt crisis: central bank action is work of the devil, says Germany’s Jens Weidmann
The head of Germany’s Bundesbank has raised eyebrows across Europe after he appeared to compare Mario Draghi’s bond buying programme with the “devil’s work”. Jens Weidmann said that efforts by central banks to pump money into the economy reminded him… Read More ›