German finance minister backs France's Lagarde to head IMF

BERLIN : German Finance Minister Wolfgang Schaeuble backs his French counterpart Christine Lagarde as the EU candidate t
21 May, 2011

"If Christine Lagarde decided to be a candidate, Europe would have the best chance of occupying this position again," Schaeuble told the Bild am Sonntag in an interview to be published Sunday, the weekly said in a communique.

He said Lagarde, widely touted as the European favourite to replace her compatriot Dominique Strauss-Kahn, now fighting sexual assault charges, was "perfectly appropriate" for the job.

 

Copyright AFP (Agence France-Presse), 2011

 

Read Comments