ECB's Weidmann Says German 2015 Growth May Be Better Than Expected

The president of Germany's Bundesbank told a newspaper on Sunday, growth in Germany, Europe's biggest economy, could be better than expected next year and the situation in Europe is not as bad as many people think. In an interview with the Frankfurter Allgemeine Sonntagszeitung, Jens Weidmann, a member of the European Central Bank's Governing Council, also reiterated his opposition to ECB plans to buy sovereign bonds. The ECB is watching carefully how a recent drop in oil prices will affect euro zone inflation, far below its target of just below 2 percent, and standing ready to do more to keep the region from slipping into deflation.



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