Strauss-Kahn resigned his IMF position late Wednesday, saying he wants to devote all of his energy to proving his innocence. His deputy, John Lipsky, an American, will serve as acting managing IMF director. But European countries are competing against fast growing economies elsewhere to name a permanent successor.
German Chancellor Angela Merkel says developing economies have a legitimate claim, but only in the medium term. "In the present situation, when we have significant problems with the euro and the IMF is very much involved there, there are arguments to propose a European candidate and support him in the international community," she said.
China’s position on a successor coincides with that of countries such as Brazil and South Africa. "We have always believed that the IMF should continue to push forward for reform, and should choose a better senior official of the IMF based on fairness and transparency. In principle we believe developing countries should be better represented at senior levels," said Chinese Foreign Ministry spokeswoman Jiang Yu.
Strauss-Kahn’s arraignment is set for June 6. He faces as much as 25 years in prison if convicted.
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25