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Joachim Nagel tapped to head Germany's Bundesbank
He holds a doctorate in economics
20 December, 13:59
(ANSA-AFP) - FRANKFURT AM MAIN, DEC 20 - The German
government has nominated economist Joachim Nagel to take over as
new president of the German central bank, Finance Minister
Christian Lindner said on Monday. Nagel was an "experienced
individual" who would represent "continuity at the Bundesbank"
after the exit of long-time chief Jens Weidmann, Lindner said in
a tweet. The nomination was made jointly by Lindner and new
Chancellor Olaf Scholz, who took office earlier this month as
part of a three-way coalition between the Social Democrats, the
ecologist Greens and the liberal FDP. Nagel, 55, who holds a
doctorate in economics from the Karlsruhe Institute for
Technology, is a member of Scholz's Social Democrats.
(ANSA-AFP).
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(ANSA-AFP).
