Date: 3 weeks ago   Category: Financial

Lagarde suspended fulfillment of duties of the Managing Director of the International Monetary Fund


Christine Lagarde decided to refuse temporarily the duties as the managing director of the IMF. Christine Lagarde temporarily resigned of the managing director of the International Monetary Fund in connection with promotion of her candidate for a post of the head of the European Central Bank (ECB). It is reported on the website of the IMF on Tuesday, July 2. "For me a great honor to be the president of the ECB nominated for a post. In the light of it and according to the recommendation of Committee on ethics of Executive council of the IMF I decided to refuse temporarily the duties as the managing director of the IMF for promotion of candidates", – Lagarde said. It is known that duties of the managing director of the IMF will be fulfilled by the first deputy Lagarde David Lipton. Let's remind, Christine Lagarde since 2005 was the minister of foreign trade of France, since 2007 – held a position of the Minister of Economy and Finance. She headed the IMF in 2011, after Dominique Strauss-Kahn's resignation. Earlier on Tuesday it became known that at the summit in Brussels leaders of EU countries approved candidacies on key posts in political and economic structures. In particular, the Minister of Defence of Germany Ursula von der Leien is nominated to a position of the head of European Commission, and the Managing Director of the International Monetary Fund Christine Lagarde is offered by the candidate for a post of the head of the European Central Bank. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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