Buba’s Weidmann defends German role in eurozone rescues

Jens Weidmann, president of the Deutsche Bundesbank, on February 24 defended Germany's role in containing the eurozone crisis. He said that "criticising the German authorities for not using their alleged 'fiscal space' is quite inappropriate",1 in light of the commitments the country has made to supporting its eurozone partners.

Speaking in Mexico City, Weidmann said the eurozone sovereign debt crisis was "currently still the most severe risk for global growth". Nevertheless, he said he wanted t

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