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German president Wulff steps downSTORY HIGHLIGHTSNEW: The resignation bidding not affect Germanys management of the eurozone debt predicament – analystHanover prosecutors say they obtain foundation in place of preliminary suspicion of receiving bribesChancellor Angela Merkel says she accepts Wulffs resignation with deep regretRecent developments obtain eroded open trust and confidence trendy him, Wulff saysBerlin Germanys President Christian Wulff announced his resignation Friday following a string of scandals to facilitate prompted calls in place of him to position down.The German presidency is a largely formal work, but Wulffs resignation is seen what a blow to Chancellor Angela Merkel, who supported his candidacy what president.However, it is dodgy to bang Germanys usage of the eurozone debt emergency, Carsten Brzeski, a senior economist by the side of ING, told CNN.within a give instructions televised statement, Merkel held she expected Wulffs resignation with the extreme respect and deepest not public regret.Wulff had situate the interests of the common municipal to the forefront taking part in deciding to resign, Merkel alleged.Germanys president resignsIn a separate televised statement, Wulff assumed Germany needs a president who can heap himself completely to countrywide and international challenges and single who commands the trust of a varied majority of citizens.