FILE PHOTO: Germany’s Bundesbank President Jens Weidmann speaks during an economics conference in Linz, Austria, July 5, 2018. REUTERS/Lisi Niesner//File Photo
December 17, 2021
BERLIN (Reuters) – There is no guarantee that Germany will decide on a successor to Bundesbank President Jens Weidmann at a cabinet meeting next Wednesday, a government spokesperson said.
“I cannot promise or confirm that the succession of Jens Weidmann as head of the Bundesbank will be in the cabinet on Wednesday,” Steffen Hebestreit said at a regular government news conference on Friday.
Weidmann will step down five years ahead of time on Dec. 31 after a decade of largely fruitless opposition to the European Central Bank’s largesse under successive presidents.
(Reporting by Miranda Murray; Editing by Maria Sheahan)
Source: One America News Network
