Germany's next ECB board member would have opposed new bond buys
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FRANKFURT (Reuters) - Germany's next representative to the European Central Bank's Executive Board would have voted against restarting bond purchases but considers the tool valid, she told a confirmation hearing in the EU Parliament on Tuesday."I’m not sure it was absolutely necessary to restart the asset purchases at that time," Isabel Schnabel said in Brussels. "If I had voted, maybe I would have said maybe we wait with the asset purchases. But in the end of course probably the decision..