Volker Wieland warns ECB of buying government bonds ("FAZ")

Many German economists criticize the European Central Bank's intention of buying government bonds, the Frankfurter Allgemeine Zeitung reported.

In the FAZ article, Volker Wieland warned the ECB of further expanding its monetary policy by a massive purchase of government bonds. At the same time, he warned of sluggish reform in the euro countries affected by the crisis in case market signal will no longer be effective due to the ECB interventions.

("Scharfe Kritik an möglichem EZB-Staatsanleihekauf", Frankfurter Allgemeine Zeitung)