Germany Concerned About US Stimulus Moves

The EU faces similar issues. The EU, despite Germany’s “official” concern, will likely have no choice but to follow the US's lead.

German Economy Minister Rainer Bruederle said on Thursday he was concerned at U.S. efforts to stimulate growth by injecting liquidity into its struggling economy.

"I view that not without concern," Bruederle said, adding that a variety of measures were needed to solve the problem and it was not enough to pump in liquidity alone.

Source: cnbc.com