Weidmann: crisis not over

Ben Southwood
Follow Ben
THE EUROZONE crisis is not yet over, German central bank chief Jens Weidmann warned yesterday.

Running counter to comments from Mario Draghi and Jose Manuel Barroso, Weidmann, who sits on the European Central Bank’s governing council as well as running the Bundesbank, said that current calm in financial markets did not mean the crisis was over.

He also said reform “seems to have floundered” in France, and was uncertain in Italy and Cyprus.