PM ‘to nom­i­nate Os­borne for IMF’

Daily Mail - - News -

BoRiS Johnson is ex­pected to nom­i­nate former chan­cel­lor ge­orge os­borne to be the head of the in­ter­na­tional Mone­tary Fund.

The post was va­cated last month when France’s Chris­tine la­garde stepped down fol­low­ing her appointmen­t as the next head of the Euro­pean Cen­tral Bank. The job is ex­pected to go to a Euro­pean un­der a long- stand­ing tra­di­tion, with Mr os­borne, 48, and Bank of Eng­land gov­er­nor Mark Car­ney both sug­gested as pos­si­ble Bri­tish can­di­dates early in the process.

That seemed less likely in re­cent weeks, with other can­di­dates backed by ger­many and France con­sid­ered stronger con­tenders. Mr Car­ney is thought to have been ruled out be­cause he is tech­ni­cally Cana­dian.

But EU lead­ers have so far failed to unite be­hind a can­di­date ahead of a vote sched­uled for to­day. That is thought to have left an open­ing for Mr os­borne to be­come a pos­si­ble com­pro­mise can­di­date, and Mr Johnson’s gov­ern­ment was last night poised to back him, The Times re­ported.

Min­is­ters from 28 EU na­tions will vote via email this morn­ing on a short­list of four names. Down­ing Street said that, if the four names are not whit­tled down, then they will con­sider throw­ing Mr os­borne’s hat into the ring.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.