Spain to propose Economy Minister Calvino as Eurogroup chief

MADRID (Reuters) - Spain will propose its economy minister Nadia Calvino as a candidate to head the Eurogroup, the government said in a statement on Thursday, becoming the first country to formally announce a candidate.The Eurogroup's chairman leads the grouping of 19 euro zone finance ministers, a key decision making body in the currency bloc. Proposals for the new chair must be submitted by the end of the day ahead of a confirmation vote planned for July 9, a government source said. Calvino,..