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  • Breaking News

    EU settles on World Bank’s Georgieva to lead IMF

    By Francesco Guarascio BRUSSELS (Reuters) - European Union governments picked Bulgaria's Kristalina Georgieva as the bloc's candidate to lead the International Monetary Fund after more than 12 hours of talks on Friday that highlighted the EU's internal divisions. The 65-year-old chief executive of the World Bank got the backing of a majority of the 28 EU states, defeating the Dutch candidate Jeroen Dijsselbloem after two rounds of voting and prolonged negotiations among EU nations

    The post EU settles on World Bank’s Georgieva to lead IMF appeared first on Firstpost.



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