ECB's Weidmann would welcome smaller bond buys in a year

The head of Germany's central bank would be happy to see the European Central Bank buying bonds at a lower pace in a year's time, he told German weekly Die Zeit.Bundesbank President Jens Weidmann said in the interview the time to reduce the ECB's monetary stimulus to the economy was approaching as the recovery gained pace."The time to keep the foot no longer on the metal, but to take it off slightly ... is approaching in my view," Jens Weidmann said in the interview, due to be appear in Die Zeit