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Europe Daily Bulletin No. 10723

6 November 2012
ECONOMY - FINANCE / (ae) ecb
Spain blocks Yves Mersch's appointment to ECB Executive Board

Brussels, 05/11/2012 (Agence Europe) - On Monday 5 November, Spain officially blocked the appointment of the governor of the Central Bank of Luxembourg, Yves Mersch, to the ECB Executive Board. It was enough for one member state to oppose this appointment by Monday in the framework of a written procedure initiated on Wednesday 31 October in secret through the staff of President of the European Council Herman Van Rompuy. “At this stage, this written procedure has been blocked by at least...

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