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Europe needs to find candidate to head IMF: France

European leaders nominated Christine Lagarde last week to succeed Mario Draghi as president of the European Central Bank, raising the question of who would in turn replace her at the IMF.

Speaking on the side-lines of an economics and business conference in southern France, Le Maire said that European finance ministers would discuss the issue at a meeting in Brussels on Tuesday. “If we have a good European candidate we might have a good candidate for the IMF,” he added in response to a question about whether Bank of England governor Mark Carney could be fielded as Europe’s candidate.

A French official said that Le Maire was due to discuss the issue with President Emmanuel Macron this weekend and that he was likely to speak with Carney beforehand.

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