German finance minister: Misinterpreting ECB move would be 'serious mistake'

Germany’s Finance Minister is insisting that the countries must not use the European Central Bank’s plan to buy unlimited amounts of government bonds as an excuse to let up on economic reforms and deficit-cutting.

Germany’s Finance Minister is insisting that the countries must not use the European Central Bank’s plan to buy unlimited amounts of government bonds as an excuse to let up on economic reforms and deficit-cutting.

The ECB announced its plan on Thursday.

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