Spain enters race for ECB seat

Spain has entered the frame proposing a candidate for a place on the governing council of the European Central Bank against both Ireland and Belgium, who have already thrown their hats into the ring.

Spain has proposed professor of public finance Manuel Gonzalez-Parano, a member of the executive and governing boards of the Bank of Spain.

Ireland has already put forward Mr Michael Tutty, who is currently a vice president of the European Investment Bank.

Belgium has nominated one of its national

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