The president of the German Bundesbank has told CNBC that he could not support the European Central Bank's recent stimulus decisions, adding that monetary policy shouldn't be accommodative for more than it is needed.
"No single person is running the ECB alone, it's the governing council that decides so you have to find compromise and find a consensus around these decisions," Jens Weidmann, President of the Bundesbank told CNBC Thursday.
"However as you might know, I was not very supportive of the last further stimulus that the governing council decided, because it involved further sovereign bond purchases which I view quite critically."
"So the monetary policy stance that would ensue from that would be less accommodative than it currently is of course."
In December, the ECB announced that it would continue its multibillion-euro bond-buying program, but at a reduced pace, with the shift expected to start in just over a month's time.
The current asset purchases of 80 billion euros ($84.5 billion) a month was previously expected to finish next month; however the ECB decided in December to extend this until the end of 2017, with monthly purchases being reduced to 60 billion euros from April.