Germany’s Roesler Says ECB’s Task Is Not to Buy Sovereign Debt
By Niklas Magnusson -
2011-11-20T11:41:45Z
German Economy Minister Philipp Roesler said the European Central Bank isn’t responsible for buying the region’s debt because the European Financial Stability Facility was put in place to help countries reduce interest rates on their debt.
Roesler made the comments in an interview with German newspaper Schleswig-Holstein am Sonntag, according to an e- mailed statement from his Free Democratic Party.
To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net
To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.