Buba's Weber sees limited World Cup effect

The impact of the recent World Cup is unlikely to have a lasting effect on the German economy, Bundesbank president Axel Weber said in an interview published Tuesday 11 July.

"A great World Cup by itself can't keep the entire economy going," Weber said in an interview published in the daily Die Welt.

"The current feel-good sentiment is a short-term phenomenon. What are important are the long-term trends. It's therefore won't be long before we'll be talking about the same problems that we've bee