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Germany Merkel: Need European Successor To Strauss-Kahn At IMF
German Chancellor Angela Merkel on Thursday reaffirmed her demand that the next head of the International Monetary Fund should be an European again. The IMF announced Wednesday that managing director Dominique Strauss-Kahn hat told the Executive Board of his intention to resign. The French national was arrested Saturday in New York on charges that he attempted to rape a chambermaid at his Manhattan hotel. Merkel again argued that since the IMF is deeply involved in solving the ongoing Eurozone debt crisis it should be led by an European. "In the current situation, where we have considerable problems with the euro ... (full story)