Jens Weidmann Steps Down From The Bundesbank
The first effects of the SPD victory are beginning to be felt: Bundesbank President Jens Weidmann will leave the institution at the end of the year “for personal reasons”. Weidmann represents Germany on the ECB council, where he is the longest-serving councillor. In a letter to German President Frank-Walter Steinmeier, Weidmann explained that he has come to the conclusion that “after more than 10 years – since May 2011 –…