Unconventional measures must remain – Buba’s Weber


European Central Bank (ECB) governing council member Axel Weber said the central bank's policy of full allotment at main liquidity operations must be continued for as long as necessary, with the ending coming only gradually.

Speaking at a banking conference in Berlin, Weber - who heads the Bundesbank - suggested the recovery in confidence and activity on financial markets owed much to the political measures that have been taken to support them. Adding that in many ways the situation was still wo

To continue reading...