‘Father of the euro’ dies

The week's news at a glance.

Faucon, France

Wim Duisenberg, the first president of the European Central Bank, was found dead this week at his villa in the south of France. The 70-year-old Dutchman is believed to have suffered a heart attack and toppled into his pool, where he drowned. Duisenberg, who presided over the successful launch of the euro common currency in 1999, was considered the Alan Greenspan of Europe. He was famous for ignoring the fierce lobbying of various finance ministers in order to keep the currency stable. “Everything Duisenberg did, said, or possibly thought,” Amsterdam’s Volkskrant said, “was translated into currency exchange rates.”

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up

Explore your latest briefing

Explore your latest briefing