France's Lagarde urges single European candidate for IMF

19th May 2011, Comments 0 comments

French Finance Minister Christine Lagarde, mentioned as a possible successor to Dominique Strauss-Kahn as head of the IMF, said on Thursday that Europe should unite behind a single candidate.

"Any candidacy, whoever's it may be, should come from the Europeans, who unite, all together," she said on the sidelines of a news conference in Paris, without directly addressing the question of her own possible candidacy.

Strauss-Kahn, who is also French, resigned as managing director of the International Monetary Fund on Wednesday in a letter from Rikers Island jail in New York, where he is awaiting trial on sexual assualt charges.

The leadership of the Washington-based institution, a key pillar of world financial architecture, is traditionally given to a European, and Lagarde has been cited as a possible candidate.

© 2011 AFP

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