Lian En, chief economist of the European Central Bank, said he had different vie

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      Sabine Lautenschlaeger, a German who criticized the ECB's loose monetary policy executive under Draghi, announced on Wednesday that she would resign, saying she found herself "in a position where resignation is the best choice."
Earlier this month, the ECB's Governing Committee decided to restart its debt-buying program, cut interest rates and pledge to maintain a long-term policy of easing. One third of the 25 members opposed it, including Laurent Schleiger.
Lian did not mention Lautenschlegge, but he acknowledged that ECB policymakers had "divergent views" on issues such as large-scale bond purchases, which he considered "entirely reasonable".
"Indeed, there are different views on individual aspects of our policy initiatives," he told Reuters in an interview in New York. "Some of them are structural issues about the role of sovereign bond purchases in monetary policy, others are technical."
He added that there was a "high degree of consensus" about the need for easing policy and that the "serious differences" were exaggerated.
Earlier on Friday, the president of the German central bank and the ECB's governing board, Mr. Weidman, said he believed a rate cut was appropriate. Weidman also opposed the new bond purchase plan on September 12.


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