The influence of German neoliberalism in the Bundesbank and later also in the ECB has manifested itself at both a theoretical and a personal level over several decades. Alesina and Grilli, for instance, stress that “the institutional design of the ECB is more similar to that of the Bundesbank than to any other central bank of the Eurozone.” Furthermore, central actors in the Bundesbank, e.g. Otmar Issing, Hans Tietmeyer, Axel Weber, and Jens Weidmann, are linked to the network of German neoliberalism through both their academic background and their membership in neoliberal think tanks.

Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 636