SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: PaulM who wrote (11081)5/1/1998 6:46:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 116764
 
<<
The nationality of the ECB head is irrelevant for all practical purposes
(except, predictably, to the French).
>>

Paul,

By most of the (political) leaders it IS an issue whether the new ECB head is a strong backer of a STRONG currency. Most of them think a strong currency can only be obtained by eliminating a lot of political influence of national governments. Traditionally, French government has had much more influence over CB monetary policy than Germany.

Most of them view Mr. Duisenberg (former Dutch CB head) as a stronger backer than contender Mr. Trichet (current CB head in France). Nationality plays some role, after all, it seems.

Regards,

John