Ifo’s Sinn Sees Germany ’Marginalized’ in ECB, Spiegel Reports

Hans-Werner Sinn, president of the Munich-based Ifo economic institute, said Germany is being “marginalized” in the European Central Bank, Der Spiegel reported, citing an interview.

The fact that the nation now provides neither the bank’s president nor its chief economist illustrates the loss of influence, the magazine cited Sinn as saying.

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