From Bloomberg: Merkel Said to Tell Lawmakers She Backs Draghi and Weidmann
Chancellor Angela Merkel told lawmakers in Berlin today that she supports both European Central Bank chief Mario Draghi and Bundesbank President Jens Weidmann ... both Draghi and Weidmann are carrying out their respective mandates ... she therefore sees no contradition in supporting them both ...From the Financial Times: Mood improves on hopes for ECB action
The ECB is expected to outline how it may help reduce the borrowing costs of heavily indebted countries in the eurozone – leaks from the ECB reported by news agencies on Wednesday seem to confirm the plan is afoot ...Buy Gold and Silver folks, the Printing is gonna be Epic.
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