ITS ABOUT THE CASH NOTHING ELSE.
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Weidmann Signals Openness to Succeeding Draghi as ECB President
Jens Weidmann signaled he’s open to succeeding Mario Draghi as head of the European Central Bank, the Bundesbank chief’s strongest hint so far that he wants the job. “I believe that every member of the Governing Council should have the willingness to contribute to monetary policy also in a different role,” the German told Funke Mediengruppe in an interview published Saturday. Weidmann said that public discussion of who will follow in Draghi’s footsteps at the end of 2019 has started “much too early.” Euro-zone governments are unlikely to decide on a successor this year. The German, who became Bundesbank ... (full story)