A resignation German revival the sling within the ECB

The sling to open against the policy of Mario Draghi to the european central Bank (ECB) moved up a notch. After public criticism of several members of the board

A resignation German revival the sling within the ECB

The sling to open against the policy of Mario Draghi to the european central Bank (ECB) moved up a notch. After public criticism of several members of the board of governors in less and less hushed, a resignation is adding to the chaos. Sabine Lautenschläger, German member of the executive board of the institute of Frankfurt, announced his departure from the surprise Wednesday evening at the president. She will leave office on 31 October, more than two years before the end of his term, scheduled for the beginning of 2022, at the same time that Draghi, who must yield his chair the next day, Christine Lagarde.

Without giving any official reason for her departure, she said in an email to employees "find themselves in a situation where it is the best thing to do." This lawyer 55-year-old, ex-vice-president of the Bundesbank, embodied the conservative line of "hawks" of the north of Europe, which has championed the very media boss of the German central bank Jens ...

Updated Date: 27 September 2019, 00:00

Kathleen Lees

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