Deutsche Bundesbank

Buba’s Sarrazin renews racism controversy

Bundesbank executive board member Thilo Sarrazin says Germany is getting “dumber” because of Turkish, Middle Eastern and African immigrants; comments follow similar remarks last year and intensify calls for his removal

Buba’s Weber dismisses Volcker rule

Bundesbank president Axel Weber says Paul Volcker’s plan will have unanticipated effects and interfere with monetary policy transmission, says sticking with Basel II is best

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