Cyprus card spending up 11% in 2011

Despite a year of falling car sales and weak retail trade, local credit and debit card spending rose by 11% in 2011, according to the latest figures from JCC Payment Systems. Total

Spain girding for ECB board seat fight

Spain is preparing to battle several smaller and economically fitter northern countries to hang on to its seat on the European Central Bank's influential executive board, well placed euro zone sources told