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EU to Back France's Strauss-Kahn to Head IMF


European Union foreign ministers meeting in Brussels have agreed to back France's Dominique Strauss-Kahn as the next head of the International Monetary Fund, IMF.

Portugal, which currently holds the EU presidency, made the announcement Tuesday, concerning the successor to the current IMF president, Spain's Rodrigo Rato. Last month, Mr. Rato said he would step down in October, before the end of his term.

In an interview published Saturday, French President Nicolas Sarkozy said Strauss-Kahn would be France's best candidate for the post because he has the required experience and fluency in several languages.

The leader of the Washington-based International Monetary Fund is traditionally a European. The United States chooses the president of the World Bank.

Some information for this report was provided by AFP and AP.

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