Economy & Finance

No sense in speculating on a euro exit: ECB’s Weidmann

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COLOGNE, Germany (Reuters) – It makes no sense to speculate about the possibility of countries leaving the euro zone, European Central Bank policymaker Jens Weidmann said on Wednesday.

Weidmann was asked about a comment last week from Rainer Bruederle, a leader of German Chancellor Angela Merkel’s junior coalition partners, who said Italy may decide to exit the euro or take other drastic action. &lt-ID:L6N0C05A2&gt-

“I do not believe it makes sense to speculate about individual countries leaving the euro area,” Weidmann, also chief of Germany’s Bundesbank, said during a question and answer session after giving a speech in Cologne.

(Reporting by Eva Kuehnen, writing by Paul Carrel- Editing by Toby Chopra)

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