Economics
Lagarde’s Estranged ECB Must Engage With Germans, Asmussen Says
- ‘You need to reach beyond urban centers,’ ex-ECB official says
- Schnabel nomination shows Berlin wants to be ‘constructive’
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The European Central Bank must engage much more with Germans under incoming President Christine Lagarde to prevent further fraying of the institution’s relationship with the biggest euro member, according to former Executive Board member Joerg Asmussen.