Volker Wieland advocates culture of open debate and votings in the ECB ("Stuttgarter Nachrichten")

In view of Sabine Lautenschläger's resignation from the Executive Board of the European Central Bank (ECB), in an interview with the German daily "Stuttgarter Nachrichten", Prof. Volker Wieland has pointed out the importance of a culture of open debates within the central bank and called for votings.

If Lautenschläger's criticism of the current monetary policy had been decisive for her resignation, this would be "disastrous for the ECB's public image", Wieland said. According to Wieland, there should prevail a culture of open debate in the ECB where different opinions are appreciated and minority views are not ignored or hidden. In Wieland's opinion, actual votings within the ECB's Governing Council and the publication of voting results would be helpful.

Stuttgarter Nachrichten: "Stimme gegen lockere Geldpolitik verstummt"