May 19 (Bloomberg) -- German Chancellor Angela Merkel said that a European is best placed to lead the International Monetary Fund given the demands of the euro-area debt crisis.
"Naturally the developing countries have a claim on the highest position of the IMF or World Bank but the current situation speaks for a European candidate given the considerable problems of the euro," Merkel told reporters in Berlin today.
"Naturally the developing countries have a claim on the highest position of the IMF or World Bank but the current situation speaks for a European candidate given the considerable problems of the euro," Merkel told reporters in Berlin today.
