German government calls for quick Welteke decision

Bundesbank chief Ernst Welteke can be replaced "very quickly" if he resigns or is removed by the central bank over a hotel stay paid for by a commercial bank, the German government said Wednesday.

As the Bundesbank's executive council met Wednesday to consider the case, bank president Ernst Welteke told ZDF television he sees no reason to step down and believes an inquiry will take weeks because of its complexity.

However, the German government raised the possibility that Welteke might be repla