Nout

Yesterday, the European Central Bank's Nout Wellink called for doubling the size of the European bailout fund to €1.5 trillion, or $2.15 trillion, which did nothing to allay market fears but was a reminder of how little the previous bailouts have eased Europe's sundry sovereign-debt crises.

The Greek Example 2011

AMSTERDAM— Klaas Knot , a director at the Dutch finance ministry, will succeed Nout Wellink as the head of the Dutch central bank in July this year, the Dutch minister of finance, Jan Kees de Jager confirmed Friday.

Knot to Head Dutch Central Bank Anna Marij van der Meulen 2011

Nout Wellink, a member of the ECB's governing council, warned that the EU bailout fund would have to double to €1.5tn if Greece does fail to pay its debts and spreads financial turmoil to other countries.

Hardline IMF forced Germany to guarantee Greek bailout 2011

But Nout Wellink, a member of the European Central Bank's governing council, fanned worries by saying the European Financial Stability Facility might have to double in size to €1.5 trillion $2.127 trillion to secure private-sector support for a second Greek aid package.

Greece Drags Down European Stocks Michele Maatouk 2011

ECB Governing Council Member Nout Wellink said the euro-area bailout fund may have to be doubled to cover potential risks, rekindling worries that the debt crisis will keep spreading.

Greek Drama Spooks Bond Market Neelabh Chaturvedi 2011

Central Bank Governing Council member Nout Wellink, for instance, suggested that European Central Bank President Jean-Claude Trichet, who is retiring in October, would make a "fantastic candidate."

Strauss-Kahn Resigns, Spurring Search for IMF Leader Bob Davis 2011

He has taken a lower profile than other presumed candidates, including Italy's central-bank head Mario Draghi —who has courted Germany in a series of high-profile interviews and speeches recently—and Dutch central-bank chief Nout Wellink , who was candid about his interest in the job in an interview with The Wall Street Journal last month.

ECB's Liikanen Warns of Uncertainty Brian Blackstone 2011

However, other ECB members have also spoken out against all talk of restructuring, and only Nout Wellink, the Dutch central bank's chief, has so far said he is open to the idea of a Greek rescheduling.

Greek Debt Talks Widen Divisions in the Euro Zone Marcus Walker 2011

Former Dutch finance official Klaas Knot, 44, succeeded that country's longtime central bank president Nout Wellink, 68, in June.

A New Generation Tackles the Euro Crisis Brian Blackstone 2012

"I am open to all options that do not have consequences for the market, but you have to know you are skating on thin ice," Nout Wellink told Dutch newspaper Het Financieele Dagblad in an interview published Thursday.

ECB Member Seeks Bailout Boost Nina Koppen 2011