1. Inhalt
  2. Navigation
  3. Weitere Inhalte
  4. Metanavigation
  5. Suche
  6. Choose from 30 Languages

Business

Weber Appointed Bundesbank President

German Finance Minister Hans Eichel formally appointed Axel Weber president of Germany's Bundesbank on Friday. The Finance Ministry said in a faxed statement that Weber is now officially the president of the Bundesbank and will represent Germany on the 18-member rate-setting governing council of the European Central Bank. Weber, a member of the government's panel of economic advisers, replaces Ernst Welteke, who resigned earlier this month after being embroiled in a perks scandal for accepting favors from Dresdner Bank and BMW. Weber, 47, has been a professor for international economy at Cologne University since November 2001 and had previously held professorships at Frankfurt and Bonn.

DW recommends