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The Bundesbank: ECB massively exceeds its mandate

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"Instead of being limited to a monetary stability policy, ECB President Mario Draghi is trying to outsmart the financial and economic policy field like a socialist government."

It's no secret that the Germans are negative to further financial support of the weak euro countries. Germany's current strategy is inaction to the calls of introducing Eurobonds or Germany to leave the Euro. What they dread is the other option - that a weak country would leave the euro and its implications on... Germany.

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