German attacks on ECB intensify but government unlikely to curb independence

Press quote (Euro Insight)
Christian Odendahl
12 April 2016

"There is not much deep resentment in the German government against the ECB or its policies" Christian Odendahl, chief economist at the think-tank Centre for European Reform, told Euro Insight. "The unfavourable comments about the ECB and Draghi are mostly political, in order not to leave the anti-ECB sentiment to the populists on the right."...

...There was "no chance" that the German government would seek to exert more influence on the ECB since "Germany would have to make large concessions to other eurozone countries for this to go through," CER's Odendahl said. "The German government will not make that its official position any time soon."