Bundesbank president under pressure to resign

A Bundesbank spokesman has said that bank president Ernst Welteke is "no longer ruling out resignation" as the controversy over corporate hospitality he accepted gathers momentum.

Bundesbank president under pressure to resign
Wed, 07 Apr, 2004 - 10:45

A Bundesbank spokesman has said that bank president Ernst Welteke is "no longer ruling out resignation" as the controversy over corporate hospitality he accepted gathers momentum.

Mr Welteke is in trouble for allowing Dresdner Bank to pay a €7,661 hotel bill incurred by himself and his family.

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CourtsBusinessHeathrowPlace: BerlinPlace: Adlon HotelPlace: MajorcaPerson: Ernst WeltekePerson: WeltekePerson: Finance MinisterPerson: Hans EichelPerson: Caio Koch-WeserPerson: Ingrid Matthaus-MaierOrganisation: BundesbankOrganisation: Dresdner BankOrganisation: European Central BankOrganisation: ECBOrganisation: Financial TimesOrganisation: KfW
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