They’re totally different things,” said Mr. Weidmann, the president of Germany’s Bundesbank, in an interview with the newsweekly Focus on Saturday.... BERLIN—Jens Weidmann, Germany’s central bank leader, spoke out against weakening the European Union’s financial rules in the wake of the U.K.’s vote to leave the bloc, reinforcing Germany’s role as a strict enforcer of limits on debt. “The Stability and Growth Pact,” as the EU’s rule book for member states’ budgets is known, “had nothing to do with the debate around Brexit.
Source: Wall Street Journal July 02, 2016 17:51 UTC