Europe Lockdowns Put $50 Billion of Bonds on Cusp of Junk Grade
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Reuters
Who will be the Bundesbank’s next chief?
Germany’s Social Democrats, the senior partner in the three-way coalition that is forming a new government, are expected to pick a new head of the Bundesbank, the national central bank, by the end of this week. The Social Democrats, the Greens and the Free Democrats have struck a deal that will see Social Democrat Olaf Scholz replace conservative Angela Merkel as chancellor after 16 years.