Benoît Coeuré: Interview in Die Zeit Interview with Mr Benoît Coeuré, Member of the Executive Board of the European Central Bank, in Die Zeit, conducted by Mr Mark Schieritz and published on 9 December 2013. *  *  *  Mr Cœuré, do you know what the interest rate on savings accounts in Germany is? Very low, probably close to 0%.
That’s correct. Some banks pay 0.25% or even less. Can you relate to savers in Germany being annoyed that the European Central Bank (ECB) is making them foot the bill for the crisis? Rates are very low because the euro area economy is weak.