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Jens Weidmann

Chairman of the Supervisory Board, Commerzbank

Search every verified Jens Weidmann interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a 2014 speech in Riga, Jens Weidmann argued that structural reforms, rather than monetary policy or fiscal stimulus, were the primary means to boost growth in the euro area. He stated that "the biggest bottleneck for growth in the Euro area is certainly not monetary policy nor is it the lack of fiscal stimulus" but "structural barriers that impede competition, Innovation and productivity." Weidmann also advocated for a "structural shift of government expenditures from consumption to investment" and supported measures such as completing the digital single market and pursuing an EU-U.S. trade agreement. Speaking at Chatham House in 2012, Weidmann rejected the idea of rebalancing the eurozone by reducing the competitiveness of surplus countries, comparing it to denying Barcelona its star player. He emphasized that deficit countries must address their structural problems and become more competitive, and he warned against monetary financing of public debt, stating that central banks have "no mandate to do so" and that such actions would redistribute fiscal risks among euro area taxpayers.

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