Brussels, 09/07/2012 (Agence Europe) - After getting its way at the last European summit (see EUROPE 10645) by arranging for the ESM to be able to lend directly to banks, Spain might not now be the first beneficiary of the new set-up. Germany is now demanding that the direct recapitalisation of banks by the eurozone bailout fund will require the setting up of a single European bank regulator, which the German finance secretary, Wolfgang Schäuble, says is not likely this year: “Before...