VIDEO: Britain backs Lagarde for IMF job

Foreign Minister Nabil al-Arabi on Sunday announced Egypt's support for French Finance Minister Christine Lagarde's bid to head the International Monetary Fund."The Egyptian government supports the candidacy of French Finance Minister Christine Lagarde for the post of managing director of the IMF," Arabi told reporters after talks with Lagarde in Cairo.The French minister said earlier that she was "confident" of her chances of heading the IMF, while declining to comment on her Israeli rival for the post.

German Finance Minister Wolfgang Schaeuble backs his French counterpart Christine Lagarde as the EU candidate to head the International Monetary Fund, a German weekly reported Saturday."If Christine Lagarde decided to be a candidate, Europe would have the best chance of occupying this position again," Schaeuble told the Bild am Sonntag in an interview to be published Sunday, the weekly said in a communique.

German Finance Minister Wolfgang Schaeuble backs his French counterpart Christine Lagarde as the EU candidate to head the International Monetary Fund, a German weekly reported on Saturday."If Christine Lagarde decided to be a candidate, Europe would have the best chance of occupying this position again," Schaeuble told the Bild am Sonntag in an interview to be published Sunday, the weekly said in a communique.