Christine Lagarde, France’s finance minister, has emerged as the leading contender to run the International Monetary Fund after being strongly endorsed by her German and British counterparts, eager to extend Europe’s 65-year grip on the global financial institution.
“On the basis of merit, I believe Christine is the outstanding candidate for the IMF,” said George Osborne, British chancellor, in a statement.
Wolfgang Schäuble, Germany’s finance minister, said: “Should Christine Lagarde decide on a candidature, Europe would have the best chance to fill the post again.”
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