Tags: EU | Germany | Banker

Controversial German Banker Will Quit

Thursday, 09 Sep 2010 04:05 PM

BERLIN (AP) — A member of Germany's central bank who made disparaging remarks about Muslims and Jews in a disputed book has agreed to quit his position on the board, the Bundesbank said in a statement Thursday.

Thilo Sarrazin will be leaving his post at the end of the month after reaching an agreement with the bank, said Bundesbank President Axel Weber.

Sarrazin's comments in interviews surrounding the release of his book, "Germany Abolishes Itself," that Muslim immigrants in Europe are unwilling or incapable of integrating into western societies and that all Jews "share a certain gene" provoked a storm of controversy in Germany. Chancellor Angela Merkel and several members of her government had called for his dismissal.

"With a view to the public discussions, both sides agreed to end their work together at the end of the month," the Bundesbank said, adding that Sarrazin would ask the German president — responsible for naming the bank's board members — to relieve him of his duties.

A spokesman for President Christian Wulff told the DAPD news agency Thursday that Wulff welcomed the agreement with Sarrazin and would release him from his post.

The public outcry has not let up since the release last week of Sarrazin's book, which has nevertheless been a best-seller and the basis for a debate over how best to include the millions of immigrants who live in Germany.

In his book, Sarrazin argues the country's growing Muslim immigrant population is largely unwilling, or simply unable, to learn the German language or adapt to its norms.

His theories and remarks triggered a firestorm of criticism, even from the normally reserved European Central Bank President Jean-Claude Trichet who said last week that he was "appalled" by them.

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BERLIN (AP) A member of Germany's central bank who made disparaging remarks about Muslims and Jews in a disputed book has agreed to quit his position on the board, the Bundesbank said in a statement Thursday.Thilo Sarrazin will be leaving his post at the end of the month...
EU,Germany,Banker
285
2010-05-09
Thursday, 09 Sep 2010 04:05 PM
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