Bundesbank head Jens Weidmann - Brexit is no excuse to loosen EU budget rules
2 July 2016, 17:12
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Jens Weidmann, head of Germany's central bank (the Bundesbank) says "The Brexit vote is no reason to loosen budget rules"
Weidmann was speaking in an interview with 'Focus' magazine.
Reuters
report that this puts Weidmann at odds with German Economy Minister
Sigmar Gabriel, who has called for Europe's "Stability and Growth Pact"
to be boosted for more growth.
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So, we've got a politician wanting to spend more.
And the head of the Buba saying "No!"
Same old :-D
Wanna spend more? Talk to the hand!
