"The wrong Moment" - Volker Wieland interviewed by "Euro am Sonntag"
€uro: What lessons can the ECB learn from the experiences in Denmark?
Volker Wieland: Denmark has proved that negative interest rates are not the end of the world. You could also apply this instrument in the eurozone if it was necessary.
€uro: Is it necessary?
Volker Wieland: No, now it’s the wrong moment for negative interest rates.
(excerpt from the interview by Tobias Aigner, "Euro am Sonntag" 2/14)