Germany says Bundesbank boss stepping down

11th February 2011, Comments 0 comments

Germany said Friday that Bundesbank boss Axel Weber, thought to have been a front-runner to become European Central Bank president, was leaving "for personal reasons" on April 30.

"The chancellor and finance minister ... have taken note of this decision with respect for Professor Weber's personal reasons. A successor will be named in the coming weeks," a government statement said.

© 2011 AFP

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