IMF’d & EU too?

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IMF-dThis Reuters report suggests that Angela Merkel is trying to get the IMF’s Christine Lagarde installed as President of the EU Commission. Time to dust off this photo which is proving to be a little prescient.

“German Chancellor Angela Merkel has asked France whether it would be willing to put forward International Monetary Fund chief Christine Lagarde as president of the European Commission, two French sources briefed on the exchanges said.

German and IMF officials said Merkel had a private meeting with Lagarde during a visit to Washington in early May. They saw each other again in Berlin two weeks later when Lagarde attended a meeting of the heads of major international economic organizations hosted by the German government.

British Prime Minister David Cameron has led opposition to Juncker’s bid to succeed former Portuguese Prime Minister Jose Manuel Barroso, arguing that the EU needed new leadership committed to reform in response to voters’ dissatisfaction. London sees Juncker as an old-style European federalist.

British officials have made clear that Lagarde would be an acceptable alternative, as would center-left Danish Prime Minister Helle Thorning-Schmidt. Some British newspapers have campaigned for Lagarde to be given the role.”

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