Reuters–New ECB line-up has Belgian as chief economist

Since the founding of the ECB, the chief economists post has gone to a German. The first was Otmar Issing, followed by Juergen Stark.

Stark just quit in protest over the continued ECB bond-buying program and is being replaced by Belgian Peter Praet. The new German appointee, Joerg Rasmussen will get the international relations portfolio, according to a Reuters headline.

An Italian ECB chief and no German in the chief economists seat…This ain’t your fatherland’s ECB…