Bundesbank President Jens Weidmann, a relentless critic of the European Central Bank's ultra easy monetary policy, will step down more than five years early, opening the door for Germany's new government to pick a less confrontational successor.
Bundesbank President Jens Weidmann, a relentless critic of the European Central Bank's ultra easy monetary policy, will step down more than five years early, opening the door for Germany's new government to pick a less confrontational successor.
Bundesbank chief Jens Weidmann, who on Wednesday announced his decision to stand down more than five years early, led a decade-long fight inside the European Central Bank against the easy-money policies espoused by successive ECB presidents.
German construction workers said on Wednesday they were likely to go on strike for higher wages and other payments, increasing pressure on employers to finally meet a range of demands including more compensation for long commutes to building sites.