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Monday, June 11, 2012

Bank of Spain deputy governor Aríztegui resigns - MarketWatch

Bank of Spain deputy governor Aríztegui resigns - MarketWatch

 The Bank of Spain announced Monday that Deputy Governor Javier Aríztegui will step down, with Fernando Restoy Lozano nominated to take his place. The resignation of Aríztegui comes weeks after Bank of Spain Governor Miguel Angel Fernandez Ordonez quit ahead of the expiration of his normal term. Ordonez resigned in a wave of criticism over the central bank's handling of the country's bank crisis. The central bank appointed Luis Mara Linde as governor of the Bank of Spain in early June.

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