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The European Central Bank's newest German policymaker is emerging as a crucial intermediary between its more conservative council members and president Christine Lagarde, who has vowed to seek consensus over its multitrillion-euro stimulus programme. Isabel Schnabel, a former economics professor at the University of Bonn who became one of the ECB's six executive board members a year ago, played a pivotal role in last month's compromise which led to the expansion of its main stimulus programme, according to several members of its governing council.
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