• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News

    EU now open to the possibility of non-European IMF head

    Portuguese Finance Minister Fernando Teixeira Dos Santos announced that the European Union is warming up to the possibility of a non-European occupying the lead spot in the International Monetary Fund when the next manager concludes his term. “We are willing to discuss, after the mandate of the next managing director, who we expect to be a European, a different procedure that co…

    By Newswire Newsletter // 17 September 2007

    Portuguese Finance Minister Fernando Teixeira Dos Santos announced that the European Union is warming up to the possibility of a non-European occupying the lead spot in the International Monetary Fund when the next manager concludes his term. “We are willing to discuss, after the mandate of the next managing director, who we expect to be a European, a different procedure that could deliver a different outcome,” said Dos Santos. Although the IMF has been led by Europeans since the its inception, a great number of developing countries have expressed their dissatisfaction with the system and have sought better representation in the fund. British Finance Minister Alistair Darling echoed the sentiment, saying that it was high time that the IMF’s top spot was open to qualified individuals from other parts of the world. (Source: EU prepared to consider possibility of having non-European lead IMF in the future/Associated Press)

    • Funding
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Newswire Newsletter

      Newswire Newsletter

    Search for articles

    Most Read

    • 1
      How low-emissions livestock are transforming dairy farming in Africa
    • 2
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 3
      The UN's changing of the guard
    • 4
      Opinion: India’s bold leadership in turning the tide for TB
    • 5
      USAID's humanitarian bureau is under pressure and overstretched
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement