Weber Says Next ECB Head Doesn’t Need to Be Diplomat
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Bundesbank President Axel Weber, the frontrunner to succeed European Central Bank President Jean-Claude Trichet next year, said diplomacy isn’t necessarily a pre-requisite for the job.
“It’s important to be a diplomat for the diplomatic corps, it’s not so important for a central bank,” Weber said in an interview in Frankfurt yesterday when asked if he’s diplomatic enough to head the ECB. “I think it’s very important for central banks to be clearly focused and also, if necessary, to deliver undiplomatic messages to governments.”