Joachim Nagel replaces Jens Weidmann at helm of Bundesbank and ECB

  • Joachim Nagel replaces Jens Weidmann at helm of Bundesbank and ECB according to Handelsblatt

Joachim Nagel replaces Germany's Jens Weidmann at helm of Bundesbank and ECB according to Handelsblatt

~ Weidmann will be stepping down at the end of the year, after a surprise resignation from the ECB in October, citing personal reasons

Chancellor Olaf Scholz proposed Nagel for the position and the finance ministry's approval is considered certain, Handelsblatt added.

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