Merkel Ally Seehofer Criticizes ECB’s ABS Plan, Bild Says

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Merkel Ally Seehofer Criticizes ECB’s ABS Plan, Bild Says 2014-09-07 18:10:03.547 GMT

By Claudia Rach Sept. 7 (Bloomberg) -- CSU head and Bavaria PM Horst Seehofer says CSU and Angela Merkel’s CDU shouldn’t leave certain topics to anti-euro Alternative for Germany, or AfD, Bild Zeitung reports in preview of tomorrow’s edition. * Seehofer cites as example ECB’s plans to start buying assets, saying it’s frightening many people that ECB may open bank’s money tap and buy junk paper at same time * NOTE: Sept. 4, Merkel lawmakers lash out at ECB urging long- term exit strategy * NOTE: Earlier, ECB stimulus steps announced Sept. 4 may total EU800b: Spiegel Link to Bild Zeitung story (in German): http://tinyurl.com/pernlsx

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To contact the reporter on this story: Claudia Rach in Berlin at +49-30-70010-6219 or crach1@bloomberg.net To contact the editors responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net