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- ECB Weidmann: “will not speculate about Greek default”
ECB Weidmann: “will not speculate about Greek default”
- on 1-yr tender: ECB showed it will act if needed
- German economic situation better than sentiment
- see risks that sentiment could spill into real econ
- German fall back into recession is unlikely
- German economy needs no economic stimulus measures
- German stimulus wld have little impact on EMU growth
- stimulus would hit trust in Germany as stab anchor
- undifferntiated call for more bank capital unhelpful
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