Connect with us

Popular World News

Search for new IMF head widens to include British candidate: sources By Reuters

Japan's NTT invests big in London amid Brexit uncertainty By Euronews

ECONOMIC NEWS

Search for new IMF head widens to include British candidate: sources By Reuters

[ad_1]

Search for new IMF head widens to include British candidate: sources

BRUSSELS (Reuters) – European governments widened their search for a new head of the International Monetary Fund, extending a deadline to 1800 GMT on Thursday so that Britain can put forward a candidate, people close to the negotiations said.

EU finance ministers, having failed to reach a consensus, will also hold a series of votes from Friday morning to choose their favorite of six candidates, the sources said.

The five declared candidates are: Jeroen Dijsselbloem, the Dutch former head of euro zone finance ministers; Nadia Calvino, the Spanish economy minister; Olli Rehn, the Finnish central bank governor; Mario Centeno, the Portuguese chairman of euro zone finance ministers; and Bulgaria’s World Bank chief executive Kristalina Georgieva.

An as yet unnamed British candidate – who is not expected to be Bank of England governor Mark Carney – will join them.

The top job at the Washington-based global lender has historically been filled by a European. Outgoing IMF head Christine Lagarde is taking over from Mario Draghi as European Central Bank president.

Officials have told Reuters that Carney, who holds Canadian, British and Irish passports, was not considered European enough.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



[ad_2]

Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in ECONOMIC NEWS

To Top
error: Content is protected !!
Top