Sarrazin Quits Bundesbank After Muslim Comments Spark Outrage
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Bundesbank board member Thilo Sarrazin resigned after his comments on Jews and Muslims sparked political outrage and condemnation from Chancellor Angela Merkel.
“The board of the Bundesbank and board member Thilo Sarrazin are aware of their responsibility regarding the institution of the German Bundesbank,” the central bank said in an e-mailed statement late yesterday in Frankfurt. “The parties involved will end their working relationship at the end of this month” by mutual agreement.