FRANKFURT (MNI) – Bundesbank Board member Sabine Lautenschlaeger
on Wednesday rejected the notion that Bundesbank President Jens Weidmann
is isolated on the European Central Bank’s Governing Council.
“Who says Weidmann is isolated?,” she replied to a question
implying that he might be.
Speaking at an event organized by Frankfurter Volksbank,
Lautenschaleger said that the debate on the Council is “very
professional and very much driven by arguments.” As the Bundesbank’s
Vice-President, Lautenschlaeger regularly joins Weidmann at Governing
Council meetings.
Weidmann, who is the only Council member to vote against the ECB’s
new bond buying program, has been subjected to criticism – even from
traditional Bundesbank allies at the Luxembourg and Dutch central banks
– for his public opposition to ECB policies.
–Frankfurt bureau tel.: +49-69-720 142 Email: jtreeck@mni-new.com
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