Draghi risks German ire on top job

The Executive Board of the European Central Bank (ECB) agreed on the 3 January 2012 on a new distribution of responsibilities among its members. The ECB named Balgian Peter Praet as its new chief economist. Germany's choice for this role Jörg Asmussen was instead to head the bank's legal department and to be responsible for International and European Relations.

Deutsche Welle, 3.1.12: Belgian beats German in the race for the ECB's top economist http://www.dw-world.de/dw/article/0,,15643136,00.html

ECB: Press Release, 3.1.12: Distribution of responsibilities among the members of the Executive Board of the ECB http://www.ecb.int/press/pr/date/2012/html/pr120103.en.html

EUObserver, 4.1.12: EU bank breaks pro-German tradition with new appointment http://euobserver.com/19/114761

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