IMF job 'should be opened up beyond Europe' says Lord Stern
He can point to stacks of appropriate experience for the role. Quite apart from his distinguished tenure at the Bank of England and the Bank of Canada, he has also served as chairman of the Financial Stability Board, the international body that promotes global financial stability. There was a lot of unhappiness in the way the IMF, under Ms Lagarde, formed part of the"troika" with the European Commission and ECB to enforce austerity on Greece as part of its bailout following the eurozone sovereign debt crisis.
That said, with the recent appointment of the American David Malpas at the World Bank, it is hard to see anyone but a European being appointed at the Fund. Egyptian-born, but also having British citizenship, she would be an attractive candidate who would meet the criteria of being both European and someone with strong emerging market credentials.
IanKingSky Lagarde IMFNews So a convicted fraudster takes charge of EU finances - what could possibly go wrong!
IanKingSky Lagarde IMFNews Considering she said the uk would enter into recession after the brexit vote 3 years ago shes gonna probably ruin the eu lets wait and see eh
IanKingSky Lagarde IMFNews Well they wouldn't want another convicted fraudster. That would be poor judgement. 🙄
IanKingSky Lagarde IMFNews It would be great to get rid of Hammonds puppet on a free transfer
IanKingSky Lagarde IMFNews Any crook will do.
IanKingSky Lagarde IMFNews Change is good.
IanKingSky Lagarde IMFNews Nick Leeson
IanKingSky Lagarde IMFNews All the moneys on Sepp Blatter.
IanKingSky Lagarde IMFNews High fives on that headline
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