Bundesbank reform heads toward final hurdle

GERMANY - Germany's reform of the once mighty Bundesbank headed toward its final parliamentary hurdle on Wednesday but a last-minute change cast doubt on when the changes would take effect, parliamentary officials said.

Officials said last week the reform would take effect on 1 May, but the final text approved in committee on Wednesday is less precise in a move intended to give the government time to deal with personality issues, according to an attached footnote.

The reform, a cost-cutting res