Finance ministers from the 12 euro zone countries today appointed Spaniard Jose Manual Gonzalez Paramo to the governing council of the European Central Bank (ECB).
Mr Paramo will replace compatriot Eugenio Domingo Solans on the six member board but his appointment turned out to be a political hot potato and was only made after lengthy horse-trading and conflict between big and small countries.
The Spanish candidate was heavily backed by Germany, France and Italy.
Belgian ...
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