Weber, Merkel quarrel over helping PIIGS
From marketwatch.com
Chancellor Angela Merkel rips into outgoing Bundesbank chief Axel Weber for not going along with plans to help Europe's PIIGS. It’s never a good idea if a major difference of opinion between the government and the central bank emerges into the public eye. But that is what is happening in Germany, as the result of a critical behind-the-scenes tussle between Chancellor Angela Merkel and Axel Weber, the querulous and soon-to-depart president of the famously independent Bundesbank. Last week was a tough time for Merkel, framed by the massive setback for her Christian Democrat party, which lost control of the key state of ...
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