Karl Otto Poehl, Bundesbank Chief for Reunification, Dies

Karl Otto Poehl, the Bundesbank president who managed the introduction of the deutsche mark in East Germany before reunification in 1990 and helped lay the foundations for Europe’s common currency, has died. He was 85.

Poehl died on Dec. 9, the Frankfurt-based Bundesbank said in a statement on its website today. No other details were given.