La­garde con­firms she will go af­ter IMF top job

Kathimerini English - - Business & Finance -

PARIS (AP) – French Fi­nance Min­is­ter Christine La­garde an­nounced yes­ter­day that she will seek the top job at the In­ter­na­tional Mon­e­tary Fund, a can­di­dacy that has wide­spread sup­port across Europe. La­garde had re­mained silent about whether she wanted the job, and said she came to the de­ci­sion af­ter “ma­ture re­flec­tion” and con­sult­ing with French Pres­i­dent Ni­co­las Sarkozy. “If I’m elected I’ll bring all my ex­per­tise as a lawyer, a min­is­ter, a man­ager and a woman” to the job, she said. The IMF’s last man­ag­ing di­rec­tor, French­man Do­minique Strauss-Kahn, quit last week af­ter he was ac­cused of at­tempt­ing to rape a New York ho­tel maid. Many Euro­pean coun­tries, in­clud­ing Ger­many and Bri­tain, have of­fered their back­ing to a can­di­dacy by La­garde to run the IMF, which pro­vides bil­lions in loans to shore up the world econ­omy. She in­di­cated she would not fo­cus ex­clu­sively on Europe. “No zone has been spared by the fi­nan­cial cri­sis,” she said. “I want to get the big­gest pos­si­ble con­sen­sus for my can­di­dacy.”

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