Home > Wim Duisenberg

He was the first president of the European Central Bank, from June 1, 1998 until October 31, 2003. He announced on February 7, 2002 that he would resign on his 68th birthday (July 9, 2003), but he agreed to stay longer until his succession was decided. Actually, until his designated successor, Jean-Claude Trichet, the governor of the Banque de France was acquitted of charges of fraud in connection with the collapse of the French bank Credit Lyonnais. Jean-Claude Trichet took his place at November 1, 2003.

Duisenberg left ' highschool' at age 19 to study economicsEconomics is the social science studying how society uses its limited resources to meet desires and wants. Put otherwise, economics studies what, how and for whom society produces. This involves analyzing the production, distribution and consumption of go at the University of GroningenThe University of Groningen ( Dutch: Rijksuniversiteit Groningen or RuG) is a university in Groningen, Netherlands. It is one of the oldest research universities in Europe, boasting more than 100,000 graduates since its inception in 1614. More than 20,000, majoring in international economic relations and graduating at age 26. Four years later, in 19651965 was a common year starting on Friday (the link is to a full 1965 calendar). Events January-February January 4 United States President Lyndon Johnson proclaims his " Great Society" during his State of the Union address. January 14 Prime Ministers of N, he got his PhD, the title of his thesis being "The Economical Consequences of Disarmament".

In the same year he joined the Europe Division of the International Monetary FundThe International Monetary Fund IMF is an international organization responsible for managing the global financial system and for providing loans to its member states to help alleviate balance of payments problems. Part of its mission is to help countries in Washington, where he stayed 4 years. After a one year stint as counselor of the director of De Nederlandsche BankDe Nederlandsche Bank (DNB, The Dutch Bank is the central bank of the Netherlands. It is part of the European System of Central Banks ( ESCB). History On 2 May 1998, the European heads of state or government decided that Economic and Monetary Union (EMU), the Dutch central bank in Amsterdam, he became professor of the University of Amsterdam where he teached macro economics.

Three years later, in 1973, he became minister of finance under prime minister Joop den Uyl, until he left the cabinet in 1977. Shortly afterwards, he gave up his seat in the Dutch parliament to become vice president of Rabobank, a Dutch private bank. Two years later, he was appointed director of the Dutch central bank, becoming its president from 1982 to 1997.

Wim Duisenberg is married to the controversial political activist Gretta Duisenberg. She became infamous when she declared she was aiming to collect 6 million signatures against Israeli policies; this figure was associated by some with the number of Jewish victims of World War II. During Wim's presidency over the European Bank, Gretta hung a huge Palestinian flag from their house in Amsterdam, which Wim later removed.