“A wary German central bank said on Tuesday it had set aside billions more euros against what it deems risky European Central Bank moves, and criticized France directly for “floundering” in its reform drives.  Presenting Bundesbank 2012 results, Jens Weidmann, the bank’s chief, said the euro zone crisis, which has eased as a result of ECB funding promises, was not over.  Weidmann, a member of the ECB’s Governing Council, opposed the bank’s yet-to-be-used bond-buy plan agreed last September and believeseuro zone governments must shape up their economies to exit the crisis rather than looking to the ECB for help.”

http://www.reuters.com/article/2013/03/12/us-ecb-crisis-weidmann-idUSBRE92B0BD20130312

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