Bundesbanker Weidmann remains critical of the ECB
On his 10th anniversary, Germany s top central banker said emergency bond buying and cash are fine. Katharina Brienne und Michael Maier, 30.4.2021 - 16:25 Uhr
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Jens Weidmann, Präsident der Bundesbank.
Berlin - Jens Weidmann celebrated his 1oth anniversary as president of the Bundesbank, Germany s central bank, on Saturday 1 May. He took office at the age of 43, the youngest Bundesbank president ever. Weidmann was an early critic of the European Central Bank s (ECB) monetary policy during the then-brewing debt crisis. To this day, he favours caution.
At the time, the ECB had entered completely uncharted territory, Weidmann said after the German cabinet approved his second term in 2019. In that respect, he said, his first eight years as Bundesbank president had been very eventful. Weidmann is often discussed as a person who relies on softer tones and the power of arguments. We talked to him about the ECB