Report on Franco-German agreement on Carney for IMF job lacks any substance: Berlin

Annual Mansion House dinner in London
FILE PHOTO: Governor of the Bank of England Mark Carney delivers a speech at the annual Mansion House dinner in London, Britain June 20, 2019. REUTERS/Simon Dawson/Pool

July 10, 2019

BERLIN (Reuters) – There is no foundation to a newspaper report that said Germany and France had agreed some time ago to support the Bank of England’s Mark Carney as a replacement for IMF chief Christine Lagarde, a German Finance Ministry spokesman said.

The Frankfurter Allgemeine Zeitung had on Tuesday reported that Berlin and Paris had originally agreed to support Carney with a view to him taking over at the Washington-based IMF in 2021, though this had been moved forward.

Lagarde was last week nominated to head the European Central Bank. Germany wants a European to become the next head of the IMF, the Finance Ministry spokesman said on Wednesday.

(Reporting by Holger Hansen; Writing by Michelle Martin; Editing by Paul Carrel)

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