Germany nominates economist Isabel Schnabel for ECB board seat - sources

The German cabinet on Wednesday nominated university professor Isabel Schnabel to the European Central Bank's executive board, two government sources told Reuters, giving Germany an expert voice on the bank's top decision-making body.

The decision was expected after a source said on Tuesday Schnabel would replace Sabine Lautenschlaeger, another German, who resigned from the ECB board last month after having unsuccessfully opposed more ECB stimulus.

 

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)