Deal may be close in Welteke probe

The Frankfurter Allgemeine Zeitung reported on Friday 21 May that a deal may be close whereby German prosecutors drop the case against former Deutsche Bundesbank President Ernst Welteke in exchange for the payment of a fine.

Welteke resigned on April 16 in the wake of revelations that Dresdner Bank picked up the bill of EUR7,661 ($9,194 today) for a four-night stay by Welteke and his family at Berlin's luxury Hotel Adlon. He was invited as part of the festivities to celebrate the 2002 introduc

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