Europe needs to find candidate to head IMF: France
European finance ministers need to find a compromise candidate to replace Christine Lagarde as the head of the International Monetary Fund, French Finance Minister Bruno Le Maire said on Saturday.
European leaders nominated Lagarde last week to succeed Mario Draghi as president of the European Central Bank, raising the question of who would in turn replace her at the IMF.
Speaking on the sidelines of an economics and business conference in southern France, Le Maire that European finance ministers would discuss the issue at a meeting in Brussels on Tuesday.
“We need to find a compromise at the European level... I hope that we will find a compromise about the best candidate, the best European candidate for the IMF,” he told journalists.
“If we have a good European candidate we might have a good candidate for the IMF,” he added in response to a question about whether Bank of England governor Mark Carney, who holds British, Canadian and Irish passports, could be fielded as Europe’s candidate.
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