The ECB presidency is distinct but not immune from backroom deals

Press quote (The Economist)
Christian Odendahl
14 June 2019

Mr Weidmann is the most contentious candidate. His vocal opposition to ECB asset-purchase programmes was reportedly derided by Mr Draghi as “Nein zu allem”(“No to everything”). Appointing him would be a mistake, says Christian Odendahl of the Centre for European Reform, a think-tank: the bank would be less activist in downturns and less supportive of fiscal easing.