What's new

Paris: IMF Chief Dominique Strauss-Kahn resigns

Respect4Respect01

SENIOR MEMBER
Joined
Sep 20, 2010
Messages
3,899
Reaction score
0
Country
Pakistan
Location
Canada
Dominique Strauss-Kahn resigned Thursday as head of the International Monetary Fund (IMF)



Frenchman Dominique Strauss-Kahn resigned as IMF chief saying he wanted to devote "all his energy" to fighting sexual assault charges in New York.

In his resignation, Dominique Strauss-Kahn wrote that this was a tragic day in his life. Dominique Strauss is a popular personality in France. He has also been serving as French finance minister.


The scandal has thrown the French political scene into disarray, as Strauss-Kahn had been seen as a strong contender to defeat President Nicolas Sarkozy in next year s elections. He had also won the confidence of left wing parties.


The move came after escalating pressure on the IMF to chart a course through the leadership crisis and promised to kick off a succession battle between emerging economies and Western nations that have long dominated the world body.


European Commission chief Jose Manuel Barroso called for a "strong" European candidate to succeed Strauss-Kahn.
 

Back
Top Bottom