EU states back second term for IMF chief Georgieva ...Middle East

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EU states back second term for IMF chief Georgieva
BRUSSELS: All 27 EU countries have endorsed a second term for International Monetary Fund chief Kristalina Georgieva, Belgium’s finance minister said on Tuesday. Bulgarian economist Georgieva, 70, said last week she would be “honoured” to lead the Washington-based financial institution for a second five-year term. Her current term expires on September 30. “I’m very happy to announce that all European member states actually expressed that support for Kristalina,” Belgium Finance Minister Vincent Van Peteghem said after a meeting with his EU counterparts in Brussels. He pointed to the “trust” that the European Union had in Georgieva, adding: “Kristalina showed strong leadership the last coup

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