Berlin names senior academic to head Bundesbank


  • Business
  • Thursday, 22 Apr 2004

BERLIN: The German government plans to name one of its top economic advisers, Axel Weber, to head the Bundesbank after predecessor Ernst Welteke resigned in an ethics scandal last week, the finance ministry said on Tuesday. 

Weber, a senior academic who has specialised in monetary policy and advised the Bundesbank and European Central Bank, is a member of the council of economic advisers to the government, also known as the “five wise men”. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
HSS Engineers declares 1.21 sen dividend on strong FY23

Others Also Read