Die Welt's front page went with: "Slippery slope: ECB buys government bonds indefinitely"
The ever entertaining Bild went for: "Blank cheque for debt-states? Has Draghi killed the euro?"
What is striking is that this must be one of the most unified media backlashes against a policy decision (certainly by a central banker!) in recent history. We wonder how things will progress once large bond purchases actually begin or if the ECB were ever to face losses.