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12/19/10

Padoa-Schioppa, Euro Architect, Founding Member of ECB Board, Dies at 70 - Bloomberg

 Padoa-Schioppa, architect of the euro currency and founding member of the European Central Bank’s executive board, has died. He was 70. Padoa-Schioppa died after suffering a heart attack in Rome last night while at a dinner with about 100 people, the newspaper La Repubblica reported on its website.

“Tommaso Padoa-Schioppa was a renowned figure in international finance and politics, and I am honored to say he was a dear friend of mine for decades,” Eugene A. Ludwig, chief executive officer of Promontory Financial Group, said in a statement on the company’s website. “His death is a deep loss to me personally, and will be felt by all those in the international community who shared his commitment to bringing about a more civil and decent world order.”


For more: Padoa-Schioppa, Euro Architect, Founding Member of ECB Board, Dies at 70 - Bloomberg

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