Volker Wieland points out importance of economic expertise in the ECB Governing Council ("Der Spiegel")
The members of the ECB Governing Council should be able to understand the analyses as perfectly as their staff or even better, he said, as monetary policy was based on academic and methodically challenging analysis.
Der Spiegel: "Wirtschaftsweiser sieht Lagarde-Berufung kritisch"
(Dow Jones)