European officials remain divided over who will replace Lagarde as president of the IMF-Shanghai Metals Market

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European officials remain divided over who will replace Lagarde as president of the IMF

Translation 09:07:27AM Jul 24, 2019 Source:Sina Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: Europe is divided over who will replace Christina Lagarde (Christine Lagarde) as president of IMF

Several people familiar with the matter said European officials were still scratching their heads over who would become Christina Lagarde (Christine Lagarde) 's successor to the International Monetary Fund's (IMF), and there was no good candidate at the moment.

Ms Lagarde will take over as president of the European Central Bank in November, leaving a vacancy as president of the IMF. In Europe, EU member states agree that the next IMF president must come from the continent.

"the fact is that there is no ready, tested and versatile candidate," one European minister, who spoke on condition of anonymity, said in an interview. "

So far, there is no official list of candidates, but many EU governments have proposed a candidate for the top post. Some of the unofficial candidates include:

Dijsselblom (Jeroen Dijsselbloem), former Dutch finance minister and chairman of the euro group (made up of 19 euro zone finance ministers).

Mario Centro (Mario Centeno), Portuguese finance minister and current chairman of the euro group (Eurogroup).

Nadia Calvino (Nadia Calvino), Minister of Finance of Spain.

Ollie Rehn, governor of the Bank of Finland and former European Union Commissioner for the euro, (Olli Rehn).

Mark Carney, now governor of the Bank of England and a Canadian citizen, has pictures of Ireland and the United Kingdom.

Kristalina Georgieva, Bulgarian, currently CEO of the World Bank.

Mario Draghi, the outgoing president of the European Central Bank, (Mario Draghi).

According to two other European officials, who spoke on condition of anonymity, none of the candidates' resumes match the position. Some of the candidates on the list also do not have enough experience to be qualified for the post or are unpopular with the government because of their political background, past remarks and so on, the officials said in an interview.

There is also an age limit. The rules of the International Monetary Fund stipulate that the appointment of managing directors must be under the age of 65 and must not exceed the age of 70. As a result, the chances of some candidates, such as Kristalina George Yeva (Kristalina Georgieva), are much smaller.

"if the age limit applies to the current situation, then only Giorgio (Georgieva) and Draghi (Draghi) are the only ones," the European minister said in an interview. "

"Click to sign up for this summit

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Key Words:  IMF  EU  economy  euro 

European officials remain divided over who will replace Lagarde as president of the IMF

Translation 09:07:27AM Jul 24, 2019 Source:Sina Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: Europe is divided over who will replace Christina Lagarde (Christine Lagarde) as president of IMF

Several people familiar with the matter said European officials were still scratching their heads over who would become Christina Lagarde (Christine Lagarde) 's successor to the International Monetary Fund's (IMF), and there was no good candidate at the moment.

Ms Lagarde will take over as president of the European Central Bank in November, leaving a vacancy as president of the IMF. In Europe, EU member states agree that the next IMF president must come from the continent.

"the fact is that there is no ready, tested and versatile candidate," one European minister, who spoke on condition of anonymity, said in an interview. "

So far, there is no official list of candidates, but many EU governments have proposed a candidate for the top post. Some of the unofficial candidates include:

Dijsselblom (Jeroen Dijsselbloem), former Dutch finance minister and chairman of the euro group (made up of 19 euro zone finance ministers).

Mario Centro (Mario Centeno), Portuguese finance minister and current chairman of the euro group (Eurogroup).

Nadia Calvino (Nadia Calvino), Minister of Finance of Spain.

Ollie Rehn, governor of the Bank of Finland and former European Union Commissioner for the euro, (Olli Rehn).

Mark Carney, now governor of the Bank of England and a Canadian citizen, has pictures of Ireland and the United Kingdom.

Kristalina Georgieva, Bulgarian, currently CEO of the World Bank.

Mario Draghi, the outgoing president of the European Central Bank, (Mario Draghi).

According to two other European officials, who spoke on condition of anonymity, none of the candidates' resumes match the position. Some of the candidates on the list also do not have enough experience to be qualified for the post or are unpopular with the government because of their political background, past remarks and so on, the officials said in an interview.

There is also an age limit. The rules of the International Monetary Fund stipulate that the appointment of managing directors must be under the age of 65 and must not exceed the age of 70. As a result, the chances of some candidates, such as Kristalina George Yeva (Kristalina Georgieva), are much smaller.

"if the age limit applies to the current situation, then only Giorgio (Georgieva) and Draghi (Draghi) are the only ones," the European minister said in an interview. "

"Click to sign up for this summit

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Key Words:  IMF  EU  economy  euro