BREAKING NEWS

German central bank board member Sarrazin to quit

By ASSOCIATED PRESS

SEPTEMBER 9, 2010 23:35

BERLIN – 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.

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