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Weidmann Hits French Roadblock on Path to Replace Draghi at ECB
Jens Weidmann may struggle to pass the test that France’s finance minister is setting for prospective successors to European Central Bank President Mario Draghi. In a rare foray on the matter this week, Bruno Le Maire lavished praise on the Italian incumbent for quantitative easing, and suggested France would want someone with similar “ courage” as a replacement. That may be bad news for the Bundesbank chief, who, as a critic of Draghi’s stimulus program, hardly represents the kind of continuity the minister seems to be looking for. “Draghi’s term has changed deeply the approach to conducting monetary ... (full story)