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Weidmann Declines to Comment on Bank Tenure as Tension Mounts

Bundesbank President Jens Weidmann declined to be drawn on whether he considered resigning over the European Central Bank’s plan to resume bond purchases, as tension between the two institutions mounts.

“I won’t comment on speculations,” Weidmann said in response to a report today in Germany’s tabloid Bild newspaper, when asked at a conference in Jackson Hole, Wyoming. Weidmann said he made his position clear in an interview with Der Spiegel magazine published Aug. 26.