Tags: IMF | Future

Europe Demands Next IMF Chief Come from EU

Thursday, 19 May 2011 07:08 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

BRUSSELS — The European Commission wants the successor to Dominique Strauss-Kahn as head of the International Monetary Fund to come from the European Union.

EU Commission spokeswoman Pia Ahrenkilde Hansen said Thursday the EU wants continuity at the helm of the IMF and said the 27 EU members can "identify strong candidates in the midst of the European Union."

German Chancellor Angela Merkel also insisted that Europe should nominate a candidate. A European has traditionally led the IMF but developing nations such as China and Brazil have questioned that presumption as outdated in an increasingly globalized economy.

Strauss-Kahn resigned Wednesday, saying he wants to devote "all his energy" to fighting sexual assault charges in New York.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Hamas Warns Foreign Airlines Not to Fly Into Tel Aviv

Wednesday, 20 Aug 2014 22:48 PM

A Hamas warning to foreign airlines to halt flights into Tel Aviv was to take effect Thursday as a six-week war with Isr . . .

Militarized Officers, Predictive Policing Draw Ire, Concern

Wednesday, 20 Aug 2014 22:33 PM

Some police departments are starting to arm officers "like we're sending them to war" and use "big data analytics" to pr . . .

Ex-Ag Secretary: Russia Plays 'Chicken' With World Food Supply

Wednesday, 20 Aug 2014 22:29 PM

Russia's embargo on food supplies in response to sanctions imposed by the United States and the European Union is the st . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved