Fri 24 May 2019
Weidmann ECB countdown
The probability is rising that Jens Weidmann, Bundesbank president since 2011, replace Mario Draghi as head of the European Central Bank. But it would be combined with many problems and risks, and a last-minute attempt to block him cannot be ruled out. Signals in Weidmann's favour may come as early as next week. Decision-making on the ECB job forms part of continent-wide political shifts – including the nomination of a new European Commission chief and expected departure of British Prime Minister Theresa May – after the European Parliament election results.