German finance minister warns ECB on liquidity overhang

european-central-bank-building

Peer Steinbrück, Germany's finance minister, has warned that the European Central Bank (ECB) must ensure it drains excess liquidity from the financial system quickly in order to avoid inflation.

Steinbrück on Monday evening noted that eurozone inflation, which is now in negative territory, was not problematic at the moment but said in the medium term he kept a "jealous watch" over the "enormous" amounts of liquidity injected into financial markets.

The comments come after Steinbrück said over

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.