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.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to 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.
-
6 elegant Queen Anne Victorian homes
Feature Featuring original diamond-glass doors in New York and a registered historic landmark in Arkansas
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
US overdose deaths plunged 27% last year
speed read Drug overdose still 'remains the leading cause of death for Americans aged 18-44,' said the CDC