Bundesbank Weidmann: Tragic to roll back EU reforms and fiscal consolidations

German Bundesbank President Jens Weidmann said that the Euro currency union is not yet “crisis proof in a durable way”. He pointed to the recent financial market turbulence in Italy as it “illustrates” that. Weidmann also said it would be “tragic” in the reforms and fiscal consolidations achieved during the global financial crisis are rolled […]