European Union Picks New IMF Chief
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BRUSSELS, Belgium -- The European Union chose Dominique Strauss-Kahn on Tuesday to head the International Monetary Fund, putting the former French finance minister in line to succeed Rodrigo de Rato in October.
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The United States on Wednesday backed European Union candidate Dominique Strauss-Kahn to head the International Monetary Fund, virtually assuring the Frenchman&#39;s victory as the selection process neared a conclusion.
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Jose Manuel Barroso, the incoming European Commission President, has selected his new team and is trying to win support from the European Parliament.
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Bloomberg - July 10 (Bloomberg) -- Former French Finance Minister Dominique Strauss-Kahn won overwhelming European Union backing to become the next head of the International Monetary Fund, swamping rival Polish candidate Marek Belka.
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The head of the International Monetary Fund, Rodrigo de Rato, unexpectedly quit his job yesterday three years into a five-year term.
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France&#39;s decision to back a leading socialist to head the IMF brought mixed reactions at home on Sunday, while media reports suggested Italy and Poland might yet put forward competing candidates.
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President Nicolas Sarkozy wants former  finance minister Dominique Strauss-Kahn to be the next managing  director of the International Monetary Fund, the French head of  state said in an interview published on Saturday.
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Europe sought to extend its 61-year hold on the top post at the International Monetary Fund, as a former French finance minister picked up support yesterday and two European rivals bowed out of the race.
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The incoming head of the European Union&#39;s executive body has announced changes to his group of commissioners and says he is ready to go to the European Parliament to seek its approval of his team.
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The future of the International Monetary Fund is thrown into confusion after the shock resignation of its managing director, Rodrigo de Rato.
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The outgoing French finance minister has been confirmed as the new head of President Jacques Chirac's governing party.
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WASHINGTON/BRUSSELS  - The European Union on Thursday staked its claim to nominate the next head of the IMF, spurning calls for the search for a new managing director to widen beyond Europe following Rodrigo Rato's surprise resignation.
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European finance ministers agreed to appoint Luxembourg Prime Minister Jean-Claude Juncker as the first permanent president of the 12 euro nations, an EU official said.
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The European Parliament gave its approval to the reshuffled 24-member European Union executive under new EU chief Jose Manuel Barroso on Thursday, ending a political showdown over the objections to his team.
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The new head of the European Commission has re-submitted key nominations in hopes of gaining parliamentary approval. Jose Manuel Barroso announced the new nominations in
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France has formally proposed former European Union Trade Commissioner Pascal Lamy as a candidate to become the head of the World Trade Organization (WTO), Lamy said Monday. EU governments backed Frenchman Lamy as Europe's candidate last week for the post of WTO director-general, which former Thai deputy premier Supachai Panitchpakdi is due to leave at the end of August 2005.
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WASHINGTON, Sep 2 (IPS) - Europe and Russia have squared off over who will  head the International Monetary Fund (IMF) as developing  countries urge reforms so they can compete in future.