No guarantee Germany will name new Buba chief on Wednesday – govt spokesperson

Reuters

BERLIN – 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.

Related News:   Toms River Police Investigating Million Dollar Jewelry Heist at the Ocean County Mall

(Reporting by Miranda Murray; Editing by Maria Sheahan)

tagreuters.com2021binary_LYNXMPEHBG0LL-BASEIMAGE


You appear to be using an ad blocker

Shore News Network is a free website that does not use paywalls or charge for access to original, breaking news content. In order to provide this free service, we rely on advertisements. Please support our journalism by disabling your ad blocker for this website.