Volker Wieland on the dual role of the ECB ("Handelsblatt")

The business paper "Handelsblatt" is critically scrutinizing the dual role of the European Central Bank (ECB) with combining monetary policy and banking supervision.

If the ECB as banking supervisor questioned the solvency of Greek banks, in its monetary policy it should object to liquidity assistance, Prof. Volker Wieland said. This would lead to a crisis.

(Handelsblatt: "Draghis problematische Doppelrolle")