Comment: Surprises as ECB reshuffles

The ECB last week surprised analysts by naming ex-Bundesbank official, Jurgen Stark, as head of its economics division. As expected, the central bank has split the management roles for the important divisions of economics and research, both previously held by Otmar Issing.


The decision to split the economics and research divisions' management between two executive board members had been widely predicted. The argument was that, following Issing's departure, the ECB will

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