Former ECB Chief Economist Warns "ECB Will Soon Have to Support France with Bond Purchases"

Juergen Stark, former ECB chief economist (who resigned in 2011 over a dispute regarding bond purchases), says in an interview in Handelsblatt "The Euro crisis will worsen in late autumn" Via Google Translate A year ago, ECB chief Draghi announced plans to do anything to save the euro. The former ECB chief economist Juergen Stark considers this fatal. He fears that the ECB will soon have to support France with bond purchases

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Former ECB Chief Economist Warns "ECB Will Soon Have to Support France with Bond Purchases"