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.”
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Could a part-and-part mortgage help you on to the property ladder?Combining repayment and interest-only mortgages could become more popular as part of a push towards more flexible lending
-
Is social media over?Today’s Big Question We may look back on 2025 as the moment social media jumped the shark
-
Should parents stop tracking their kids?Talking Point Experts warn the line between care and control is getting murkier – and could have consequences