BERLIN, Oct 23 — The German cabinet today nominated university professor Isabel Schnabel to the European Central Bank’s executive board, two government sources told Reuters, giving Germany an expert voice on the bank’s top decision-making body.
The decision was expected after a source said yesterday Schnabel would replace Sabine Lautenschlaeger, another German, who resigned from the ECB board last month after having unsuccessfully opposed more ECB stimulus. — Reuters
