IMF: Europe submits 5 possible Candidates To replace Lagarde

  • 16:06 27 July 2019

IMF: Europe submits 5 possible Candidates To replace Lagarde

Europeans have agreed on a list of five candidates to replace Christine Lagarde as head of the International Monetary Fund (IMF) and hope to whittle it down to one by the end of July, ONA reports citing IMF.

The names include former Dutch finance minister and Euro group head, Jeroen Dijsselbloem. Their names had already been circulating as potential successor, as well as former EU commissioner, Olli Rehn of Finland, according to the French Economy Ministry.

Other names include, Spanish Economy Minister, Nadia Calvino, Portuguese Finance Minister Mario Centeno, who is currently head of the Eurogroup, and also the former EU commission vice president, Kristalina Georgieva from Bulgaria.

French Economy Minister, Bruno le Maire has been coordinating the European search with the goal of agreeing on a single candidate with wide ranging experience in international finance by the end of July. Maire called on finance ministers to name their favoured candidate in a second round of consultations this week.

Ilkin Jalilov