Daily: Europe’s political struggle over ECB monetisation

The big news today is based on a report by Bild, a German tabloid, which reported that Jens Weidmann, the head of Germany's central bank, offered to resign on multiple occasions due to his opposition to the ECB's plans to monetize euro zone sovereign debt.  Previously, Germany's central bank head Axel Weber resigned after  the ECB began buying sovereign debt. Weidmann is his replacement. Juergen Stark, the ECB's chief economist also resigned in opposition. But now the ECB wants to take things on...

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