Spanish banker granted bail

The former governor of the Spanish central bank, Mariano Rubio, was granted provisional liberty on 15 million pesetas ( pounds 75,000) bail yesterday after spending two weeks in jail on suspicion of unethical and possibly illegal self- enrichment, Phil Davison writes from Madrid.

The move meant Mr Rubio, 62, the Bank of Spain governor from 1984-92, will remain free pending a parliamentary commission's investigation but he is thought likely to face trial.