German finance minister praises Duisenberg

1st August 2005, Comments 0 comments

1 August 2005, BERLIN - German Finance Minister Hans Eichel praised the "excellent work" of Wim Duisenberg, first president of the European Central Bank (ECB), who died Sunday. "I greatly deplore the sudden death of Wim Duisenberg," said the minister in a statement issued in Berlin. The central banker had played a central role in the successful creation of European economic and monetary union and did excellent work as first ECB chief. "In that period, with his calm manner he helped create and shore up the

1 August 2005

BERLIN - German Finance Minister Hans Eichel praised the "excellent work" of Wim Duisenberg, first president of the European Central Bank (ECB), who died Sunday.

"I greatly deplore the sudden death of Wim Duisenberg," said the minister in a statement issued in Berlin. The central banker had played a central role in the successful creation of European economic and monetary union and did excellent work as first ECB chief.

"In that period, with his calm manner he helped create and shore up the foundation of confidence among the public that was so important," Eichel said. Beyond that, Duisenberg had had an outstanding reputation for financial expertise.

DPA

Subject: German news

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