ECB Scrambles To Calm A Furious Germany: “Helicopter Money Was The Straw That Broke The Camel’s Back”
by Tyler Durden
ZeroHedge.com
04/11/2016
Just hours after Spiegel penned its infamous “Germany is taking aim at the ECB” article, Schauble went on the record to deny that the Geran finmin would consider taking legal action if the European Central Bank resorts to “helicopter money” but the damage was already done. As Reuters follows up today, “almost a month after stoking a divisive debate about how far it should go in pumping money into the flagging euro zone economy, the European Central Bank is trying to soothe relations with Germany after unusually strong criticism from Berlin.”
The Rest…HERE
