DNB's Wellink on Duisenberg's legacy

In a speech at Wim Duisenberg's memorial service given on 6 August Nout Wellink of the DNB said his open manner of communicating was enhanced by another quality: his ability to delegate and bestow trust, even on very young employees.

"In his years at the Nederlandsche Bank Wim Duisenberg gradually began to personify monetary stability. But few people know there was another side to him. He loved action. As a central banker he actually loved interest rate measures, because they at least set things

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