Kristalina Georgieva was among the 28 EU member States against the Dutch Minister of Finance Jeroen Dijsselbloem. He congratulated the Bulgarian, who is currently a world Bank managing Director, immediately.
The succession plan was necessary, because the current IMF Director Christine Lagarde wants to move to the top of the European Central Bank (ECB). A consultation of the European Parliament is of doing this. Lagarde in mid-July, was – effective 12. September – her resignation submitted, in order to focus on the ECB’s candidacy.
TRANS-Atlantic Deal
France had been asked to lead the Bewerberkür for the IMF. The top posts are traditionally split up between Europe and the United States. The Director is European, the Position of his influential Deputy, is occupied by an American. In the case of the world Bank, the President of the United States.
The IMF was founded jointly with the world Bank at the end of the Second world war in 1945. He should ensure that no dangerous currency turbulence. Among other things, the Fund grants loans to over-indebted and payment difficulties of the countries. 189 member States of the Institution to belong to. The IMF, like the world Bank a specialized Agency of the United Nations.
haz/jj/qu (dpa, rtr)