ECB's Weidmann says bond buy conditions problematic
The European Central Bank's demand for governments to reform their economies as a condition for the ECB buying their debt could compromise central bank independence, governing council member Jens Weidmann was quoted as saying on Monday.
Weidmann, who also heads Germany's Bundesbank, was the only ECB policymaker to vote against the Outright Monetary Transactions (OMT) program, which enables the ECB to buy government bonds of heavily-indebted countries against reform promises.
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