From today’s Open Europe news summary:
Benoît Coeuré, ECB executive board member, hinted yesterday that the ECB could renew its purchases of eurozone government bonds if fears over Spain continue to spread, although Jorg Asmussen, another member of the ECB’s executive board, insisted that the ECB “has done its part”, following its unlimited long term lending operations. Meanwhile, a leader in Wirtschaftswoche argues that Germany is facing inflation as a result of the ECB’s actions, concluding that “Germany will bleed for the euro”.