FILE -The President of the German Bundesbank Jens Weidmann , right, and then board member Joachim Nagel, left, on their way to the annual press conference in Frankfurt, Germany, Wednesday, Feb. 24, 2016. Germany's new government has chosen Joachim Nagel, an experienced central banker and former board member at Germany's state-owned development bank, to head the country's central bank, the finance minister said Monday. (AP Photo/Michael Probst,file)