Axel Weber's chance of succeeding Jean-Claude Trichet as president of the ECB is fading. Weber's...

|By:, SA News Editor

Axel Weber's chance of succeeding Jean-Claude Trichet as president of the ECB is fading. Weber's defense of German "monetary values" during the debt crisis makes him popular at home, but arouses critics elsewhere in the EU. Angela Merkel may have to "go to the mattresses" for Weber, or let him get passed over.