MADRID (Reuters) - A non-European head of the International Monetary Fund could mean a tougher, more realistic action plan for the euro zone debt crisis, Mexican central bank chief Agustin Carstens said in newspaper interviews on Tuesday.
Reuters - A non-European head of the International Monetary Fund could mean a tougher, more realistic action plan for the euro zone debt crisis, Mexican central bank chief Agustin Carstens said in newspaper interviews on Tuesday.
Mexico's Agustin Carstens was due in India on Friday to press his case to be the next chief of the IMF, as he and rival candidate, France's Christine Lagarde, criss-cross the globe to garner support.The Mexican central bank chief has presented himself as the developing world candidate, saying last week that his cause "is something that emerging countries have advocated and which we have to continue to work for."
Reuters - Mexican central bank chief Agustin Carstens said on Tuesday he has spoken with Treasury Secretary Timothy Geithner and his Canadian counterparts, but neither committed to back his candidacy for the top job at the IMF.
Reuters - Mexican central bank chief Agustin Carstens said on Tuesday he has spoken with Treasury Secretary Timothy Geithner and his Canadian counterparts, but neither committed to back his candidacy for the top job at the IMF.
Spain said Tuesday it would support Mexico's Agustin Carstens for the post of IMF head under an agreement it has with Latin American countries -- although it would prefer France's Christine Lagarde.Spain shares a seat at the International Monetary Fund with Mexico, Venezuela and four smaller Central American nations, Finance Minister Elena Salgado said.As a result of the alliance, if one of the countries sharing the seat presents a candidate, the others must vote for that person, she said, even if Spain represents 35 percent of the votes among those countries.