The changes were made during a meeting of the bank's monetary policy council.
He was also a long-standing member of the party's policy council.
He was also chair of the "program and policy council" for the union's teacher division.
It also creates a policy council and a regulatory agency.
The cuts, effective on Thursday, were announced after a meeting of the bank's monetary policy council.
Vice Presidents, without exception, are seen but not heard at policy councils.
The announcement came after a regular meeting here of the Bundesbank's policy council.
The policy council of the Bundesbank will meet today for the first time since the end of its summer break.
He assumed it, because he and his policy council think that I designed those surface forms myself.
Individual schools would be run by "policy councils" made up of equal numbers of parents and teachers.
