Bundesbank President Jens Weidmann has outlined his position on the ECB Governing Council’s most recent monetary policy decisions, which involve cuts to the monthly volume of asset purchases but offer no guidance as to when the purchases will finally be discontinued. "From my point of view, a clear end date to net purchases would have been appropriate," he said in a speech delivered in Paris.

Henceforth, the Bundesbank will be represented in India by Peter Kern. Mr Kern takes over from Alexander Sattler who previously occupied this position at Germany's Consulate General in Mumbai.