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Weidmann to get another 8 years at Bundesbank - German source

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Reuters FRANKFURT/BERLIN

FRANKFURT/BERLIN (Reuters) - The German government is likely to extend Bundesbank President Jens Weidmann's tenure for another eight-year term, a government source said on Tuesday, confirming a report in the Sueddeutsche Zeitung newspaper.

Weidmann, a member of the European Central Bank's governing council, is serving an eight-year term that expires in April. Asked whether Weidmann would be asked to stay on, the source said: "That's how it will play out."

(Reporting by Holger Hansen and Douglas Busvine; Editing by Joseph Nasr)

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First Published: Jan 15 2019 | 11:15 PM IST

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