A few days ago, Welt am Sonntag published a statement by Kai Konrad, economic advisor to Chancellor Merkel, by which he expressed his doubt about the chances of survival of the unified currency for more than five years.

According to Konrad, the international press has also taken on the statements of the president of Bundesbank, Jens Weidmann, according to whom Europe would need about 10 years to overcome the debt crisis.

Fortunately, Europe's "rescue" from the straitjacket of the Euro may come a lot faster. A secret report of the Bundesbank, sent to the Federal Constitutional Court in December 2012, recently "leaked" in the pages of the financial daily Handelsblatt.

In this report, the "Bundesbank launched punctual attacks against every statement made by Mario Draghi to justify the program of Direct Monetary Transactions", Ambrose Evans-Pritchard wrote in The Telegraph. The authenticity of the report was confirmed by the Bundesbank, according o a piece of news by Reuters.

Upon the announcement of the DMT program, Draghi justified the buying of the government bonds by saying that "the major interest rate differential should not be tolerated". For the Bundesbank, which is concerned that the unlimited bond buying program undermines the independence of the ECB, "a uniform level of the interest rates is not desirable", the article of Handelsblatt writes. The reason is simple: the differences between the interest rates of the various government bonds should reflect the economic performance of the country in question.

Given the fact that "risk and responsibility should not be decoupled", as recently stated by Chancellor Merkel, the Bundesbank estimates that it is this very principle that violates the European rescue plan.

The document of the Central Bank of Germany also mentions that the buying of bonds issued by troubled countries inv