Bundesbank: no more government and central bank subsidies!

By: Trademagazin editor Date: 2020. 09. 07. 11:05

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Jens Weidmann, the president of the Bundesbank, saw the time had come to make it clear that government and central bank subsidies introduced due to the coronavirus crisis should be withdrawn as soon as possible – napi.hu wrote. For example, the employment of German workers with public money masks that their company may have had to be closed long ago.

Jens Weidmann, President of the Bundesbank and, as a result of this position, a member of the Monetary Council of the European Central Bank, is concerned that the massive financial support introduced by European governments in response to the corona virus crisis is addictive – the Financial Times wrote. (napi.hu, Komócsin Sándor)