BRUSSELS (AP) — The European Union’s member states failed on Monday to name Luxembourg’s top banker to the executive board of the European Central Bank after Spain raised objections over his appointment.
The member states were expected to approve Yves Mersch joining the six-person board, overriding the advice of the European Parliament, which wants more women voted in. But officials said Spain unexpectedly voiced concerns on Mersch’s nomination.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.