The Weber resignation story is back. Bild, a German tabloid reports he will resign this summer.
Merkel adviser Weidmann is favored to replace him at the Bundesbank, according to the report.
Sounds as though he is off to the private sector… Rumors to that effect swirled earlier today but were downplayed…Where there is smoke…
Not good news for the ECB or the euro as it injects a great deal of uncertainty and politics into an already volatile situation.
