Translation: Blow German savers' retirement funds on the freewheeling Mediterraneans' what-me-worry? life style.
savings rates of different countries -- I don't know how accurate it as as I saw on https://data.oecd.org/hha/household-savings.htm different values. The UK and Poland have negative savings rate as does Greece and Portugal. Germany is at 9% and the USA at 7%
Draghi is trying to boost German production by encouraging consumerism.
If I was German I wouldn't listen to him