Volker Wieland criticizes monetary policy of the ECB at the "bankers' summit" ("Börsen-Zeitung", "Frankfurter Neue Presse")
The ECB should also take into account the negative side effects of its monetary policy on the banking sector and financial stability, Wieland said. With regard to interest rate rules, Wieland pointed out that the ECB had departed from the path that was signaled by such rules.
Börsen-Zeitung: "Das europäische Fundament zerbröselt"
Frankfurter Neue Presse: "Gipfeltreffen der Banker"