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Former Bundesbank President Helmut Schlesinger Dies at 100

Schlesinger, a staunch advocate for monetary stability, played a pivotal role in shaping Germany's post-war financial system and the Deutsche Mark's global prominence.

  • Helmut Schlesinger, who served as Bundesbank President from 1991 to 1993, passed away on December 23, 2024, at the age of 100.
  • Schlesinger was instrumental in building the Bundesbank from its predecessor, the Bank deutscher Länder, after joining in 1952.
  • Known for his unwavering commitment to monetary stability, Schlesinger was a key figure in establishing the Deutsche Mark as one of the world's most stable currencies.
  • His tenure as Bundesbank President coincided with significant economic challenges, including tensions within the European Monetary System and debates around the Maastricht Treaty.
  • Even in retirement, Schlesinger remained engaged with economic issues, critiquing modern central bank policies and advocating for disciplined monetary practices.
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