Draghi and Mersch seek to calm German fears

Mario Draghi
ECB president Mario Draghi

Senior members of the European Central Bank's (ECB) governing council have sought to address fears that the bank's unconventional monetary policy is harming some European – and specifically German – citizens.

German politicians and media outlets have recently been critical of the ECB's policies, with many arguing that savers are suffering as a result of low interest rates. Deutsche Bundesbank president Jens Weidmann is believed to be a strong opponent of extending bond purchases beyond March

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