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New German ECB member favours 'stable currency union'

13.01.14 @ 20:06

  1. By EUOBSERVER

Germany's new board member of the European Central Bank, Sabine Lautenschlaeger, currently deputy chief of the Bundesbank, told MEPs she is "in favour of a stable currency union." Her predecessor Joerg Asmussen was seen as more doveish than the Bundesbank chief, Jens Weidmann. Lautenschlaeger said she'll go her own way.