German Chancellor Angela Merkel speaking at the Munich Security Conference
Made remarks suggesting the euro was too low for Germany:
- "We have at the moment in the euro zone of course a problem with the value of the euro"
- "The ECB has a monetary policy that is not geared to Germany, rather it is tailored (to countries) from Portugal to Slovenia or Slovakia. If we still had the (German) D-Mark it would surely have a different value than the euro does at the moment. But this is an independent monetary policy over which I have no influence as German chancellor."
Which sorta translates as don't blame Gemany, similar to Schauble last weekend
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Also, European Central Bank board member Sabine Lautenschlaeger on European inf;lation:
- "I'm very pleased to say, quite honestly, that we're close to our target of just under 2 percent. But what's important for me is that it's not a temporary
- So it's really important to ascertain that there is a trend, that the inflation has really returned. So let's wait a few months so that we can be sure."
Lautenschlaeger in an interview with German Deutschlandfunk radio (Reuters)