Brussels, 23/11/2012 (Agence Europe) - By a qualified majority vote on Thursday 22 November, the European summit officially approved the appointment of the governor of the Bank of Luxembourg, Yves Mersch, to the European Central Bank's Executive Board.
The EU27 decided on Mersch's appointment despite opposition from Spain, which vetoed the written procedure for his appointment (for which unanimous voting is required) in an attempt to hold on to the job for Spain (see EUROPE 10723). On...