Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

May 30, 2011

Lagarde Has G8 Backing; Hits Back At Inquiry Call

By Helen Massy-Beresford and Yves Clarisse
PARIS
(Reuters) - G8 leaders all back French Finance Minister Christine Lagarde's bid to run the IMF, Foreign Minister Alain Juppe said on Sunday, as the candidate attacked a call to investigate her role in a 2008 legal case that may harm her chances.
France was careful not to speak out about Lagarde's candidacy during a Group of Eight summit in Deauville last week but Juppe said all eight nations were firmly behind Lagarde.

May 25, 2011

Lagarde Leads IMF Race,Mexico Also In The Fray

PARIS: French Finance Minister Christine Lagarde’s candidacy for IMF chief gained momentum in Europe on Sunday while Mexico put forward its own candidate, ensuring competition for the top job.

The Mexican Finance Ministry said it would nominate central bank chief Agustin Carstens, placing a prominent emerging market name into the race to lead the global lender.