ECB's Lagarde praises Weidmann's loyalty as he resigns

European Central Bank President Christine Lagarde praised Jens Weidmann's loyalty and willingness to find a compromise on Wednesday as he resigned from his post as Bundesbank president and ECB policymaker.

"Jens is a good personal friend on whose loyalty I could always count," Lagarde said in a statement. "While Jens had clear views on monetary policy I was always impressed by his search for common ground in the Governing Council, by his empathy for his Eurosystem colleagues, and his willingness to find a compromise." 

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