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If Hollande had any guts he would immediate replace this clown, with somebody who intends to do his job and keep the inflation mandate of the ECB.
by rz on Tue Oct 7th, 2014 at 05:16:41 AM EST
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But Hollande agrees with him.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 7th, 2014 at 05:58:45 AM EST
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He can't. All central bank presidents run on fixed terms, that is the rule.
by IM on Tue Oct 7th, 2014 at 09:59:59 AM EST
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Thanks for the info. I was looking on Wikpedia, who appoints the Head of the French Central Bank but could not find much information about this process.

It is interesting that Axel Weber, the probably worst head of the Bundesbank ever, suddenly stepped down in 2011, one year before the official end of his term.

by rz on Tue Oct 7th, 2014 at 10:16:38 AM EST
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