Jean-Claude Trichet gave a sharp twist to the fast-developing narrative on his succession over the weekend, publicly putting down the man most widely tipped to follow him as European Central Bank president.
Mr. Trichet's remarks were his first response to a call by German central bank head Axel Weber for an immediate end to the ECB's buying of euro-zone government bonds, a policy he said isn't only risky but ineffective. Mr. Weber's speech, delivered in New York, came only days after Mr. Trichet had told a press conference that the program would continue as long as necessary.
For more: Strife Complicates ECB Succession - WSJ.com
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