Finance Minister Christine Legarde of France candidate to IMF
Europe’s top candidate to lead the International Monetary Fund, Finance Minister Christine Legarde of France, formally announced her bid Wednesday, despite an unusual joint complaint from developing nations about the custom of always naming a European to one of the most important jobs in global finance, “New York Times” writes.
Declaring her candidacy at a news conference called only the night before, Ms. Lagarde said being European should not disqualify her for the post, and that she would be traveling over the next few weeks to listen to and seek support from other I.M.F. members.
“Being a European shouldn’t necessarily be a plus, but it shouldn’t be a minus either,” she said.