ECB's Weidmann: Greece needs to make a real effort to get back on track, should be in everybody's interest to stick with existing agreements
- Eurozone cannot under any circumstances be seen as being involved in monetary financing of member-state governments
- Now eurozone is less exposed to financial stability risks than a few years ago, banks have less exposure to Greece, there is less risk of contagion
- ECB QE bond buying is unknown territory, carries particular ris