The German central bank governors Wei Deman: trying to maintain the stability of the euro

SAN FRANCISCO, April 24 noon, the German central bank governors Weidmann, Jens Weidmann, the German central bank actions aimed at maintaining the stability of the euro base money, and to prevent the euro as the level of recognition of the single currency has been weakened.

Weidman said in an interview with Bloomberg Television today, we are doing is the stability of the euro single currency basis. If the basis of stability in the euro weakened, then we will also see the acceptance of a single currency has been weakened.

The German central bank has been the face of outside criticism, including opposition from billionaire George - George Soros. Soros response to some crisis of the European Central Bank expressed their opposition, such as buying government bonds. Weidman said that Soros accused the German central bank is prepared to end the euro is very ridiculous.

Weidman said, in order to avoid the credit crunch, the European Central Bank has the recapitalization of the banks since December last year more than 1 trillion euros ($ 1.3 trillion), has completed the work. He added that the Government must step up budget cuts and institutional reforms to promote economic growth. Governments must recognize that, the next phase of work they do