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Why the Next ECB President Will Be from Germany--and Probably Jens Weidmann

From piie.com

On top of all their other problems, EU leaders face decisions by June on choosing the next heads of no less than four entities: the European Commission, European Central Bank (ECB), European Council, and European Parliament. The European Parliament to be elected in late May will have a say on these choices, but the EU’s 27 leaders must agree to this “personnel package.” Yet already the stars are lining up for a German to serve as the next president of the ECB, most likely Jens Weidmann, the president of Germany’s central bank, the Bundesbank. Weidmann, whose tenure was recently extended for eight years, previously ... (full story)

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  • Category: Fundamental Analysis