Germany Tightens Grip on EU Posts as Draghi Succession Nears
- Bundesbank’s Weidmann is a candidate for ECB President role
- Country would hold four of region’s high-profile positions
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Germany’s grip over the euro area’s financial institutions is getting firmer.
With the reappointment on Thursday of Werner Hoyer as president of the European Investment Bank, Germany’s hold over three key roles for the region’s economy was reaffirmed. A fourth one -- by far the most important -- could follow.