, Columnist
A Bloodless German Duel Over the ECB
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Reading the newspaper headlines in Berlin this morning, there are two conclusions to draw.
The first is that Germany's constitutional court in Karlsruhe will this week determine the fate of the euro. The second, only slightly less spectacular conclusion, is that this courtcaseamounts to a duel to the death between the two main German central bankers: Bundesbank President Jens Weidmann and Joerg Asmussen, a member of the European Central Bank's executive board. I doubt both narratives.
