“Dissatisfied” with the purchase of assets by the ECB Germany – TVI24

"Dissatisfied" with the purchase of assets by the ECB Germany – TVI24

Germany does not appear great optimism for the purchase of assets of the European Central Bank plan. On the contrary, the German finance minister says even that is not “particularly satisfied” with this measure.

“I’m not particularly pleased with the debate over the purchase of securities’, said this Thursday Wolfgang Schäuble, in a speech in parliament. “We must consider it carefully,” he added, quoted by Lusa.

is that Germany understands that this program interferes with the functions of supervision. Hence the minister has wanted to explain in parliament, the supervisory role of the ECB

within the banking union.

Schäuble said that this should be separated from their functions as monetary authorities to avoid “conflicts of interest or potential conflicts of interests.”