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Printing money not solution Gabriel

Central bank can't solve problems on its own

Redazione Ansa

(ANSA) - Berlin, April 20 - Printing money is not a "sustainable solution" to the economic crisis, German Vice Chancellor and Economy Minister Sigmar Gabriel said Wednesday, adding that the ECB on its own cannot solve the crisis. "The problem is not Draghi but an excess of austerity," he went on, adding that the ECB is not "the heart of the problem but it has reached its limits". Gabriel was speaking after presenting Germany's spring forecasts which revised GDP growth down to 1.5%.
   

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