The Race to Lead the European Central Bank

The transcript discusses the potential for a German, possibly Mr. Weidman, to replace Mario Draghi as the head of the ECB. It examines the political and economic factors influencing this decision, particularly the impact of unorthodox policies. The market's skepticism and potential reactions to such a leadership change are also explored, especially given Mr. Weidman's known opposition to certain policies like the OMT.

What factors are suggested to influence the chances of a German candidate succeeding in the ECB?

What is the significance of unconventional policies in the context of ECB leadership?

In what ways could the market react to the potential end of unconventional monetary policies?

How might the appointment of Mr. Weidmann affect market perceptions?

What challenges might Mr. Weidmann face if he is appointed as head of the ECB?