• Germany's news in English

Merkel wants EU boss at IMF if Strauss-Kahn goes

The Local · 16 May 2011, 13:38

Published: 16 May 2011 13:08 GMT+02:00
Updated: 16 May 2011 13:38 GMT+02:00

Facebook Twitter Google+ reddit

"We know that in the medium term emerging countries will have a good claim to the chairmanship of the IMF and World Bank," she told a press conference.

"But in the current situation, there are good reasons to say that Europe has good candidates."

Merkel's comments came after her spokesman Steffen Seibert said Berlin wanted a European to replace Strauss-Kahn if he resigned because of the eurozone's ongoing debt crisis.

"Europe doesn't have a right to the director's chair, that's obvious. But in the current situation when the IMF is especially needed to fight the crisis in some euro states, the German government sees good reasons why there should be a good European candidate" to take over from Strauss-Kahn, Seibert told a press conference.

Should Strauss-Kahn be forced to resign "Germany would make this clear to its international partners," he added.

Strauss-Kahn, a former French minister, was arrested this weekend in New York for allegedly trying to rape a hotel maid.

Seibert stressed that the case now rested with New York justice officials, adding that the International Monetary Fund chief should be presumed innocent until proven otherwise.

In the meantime, Berlin expects "the IMF to continue to play its role to the full," Seibert added.

Asked if Germany might endorse Mario Draghi, the current Italian central bank chief, as successor to Strauss-Kahn, Seibert said the German government wanted to see Draghi take over as European Central Bank president.

"The German government, along with other European governments, has spoken out in favour of Draghi taking over as head of the ECB should he decide to apply for the job, and it remains of this opinion," Seibert said.

Story continues below…

German Chancellor Angela Merkel said last week she was in favour of Draghi replacing Jean-Claude Trichet of France as ECB chief.

Draghi is set to be appointed the next president of the European Central Bank by eurozone finance ministers meeting in Brussels Monday, at a pivotal point in the eurozone debt crisis.

AFP/The Local/mry

The Local (news@thelocal.de)

Facebook Twitter Google+ reddit

Your comments about this article

13:40 May 16, 2011 by catjones
1. The corpse is not yet cold.

2. Where are the hand-wringers who bemoaned the killing of Bin Laden before a trial?

Reminds me of the old western: "Ok, we'll hang 'em after the trial".
14:35 May 16, 2011 by TheCrownPrince
Here is one hand-wringer.

I don't believe a word of the DSK-story (though, nevertheless, it could be true. But how likely is this?). Nobody knows anything yet, so for me DSK is innocent before proven guilty. Problem is, with accusations like these, you are socially finished, may the charges be right or wrong - it will stick. The whole affair is very convenient for DSK's enemies, is it not?
15:40 May 16, 2011 by nemo999
I assume that "Europe should remain in charge of the IMF" is Merkel speak that a German should head the IMF. If that is the case I nominate Dr. Alex A Weber, he certainly has the CV to do the job, and I bet his dissertation has been vetted. So Dr. Merkel will not have to deal with that little problem.
15:50 May 16, 2011 by TRJ

Interesting approach you have-- declaring you believe none of the accusations shortly before admitting you know nothing about them. Glad you are not part of the judiciary.

Also, you are incorrect about accusations like these finishing a person whether right or wrong. DSK has faced lurid accusations in the past and did just fine in becoming the head of IMF.

In this case, he will face arraignment which means 1) inconsistencies have emerged in his story relative to the known facts, and or 2) the tests performed on matter found beneath his fingernails match the injuries suffered by the alleged victim. The latest reports are that this will not be a case of "he said- she said" which suggests very strongly that one or both of the two scenarios above applies. Cases in the US- particularly against high profile defendants- do not move as quickly as this in the absence of compelling support for the prosecutor's position.
16:07 May 16, 2011 by wood artist
There is some truth on both sides of this discussion.

First, and most important, the man remains innocent until proven guilty. If there is "evidence" beyond the "he said-she said" level, then obviously that will play out over time. The most recent claims, "suddenly raised" of prior issues will have no effect inside the court.

Unfortunately, it is also accurate that the mere arrest will be enough for some people. It is easy to take the old approach, often used by dictatorial regimes that "well, if he's been arrested he must be guilty." His career is endangered even if the charges are found to be false, and that would be true anywhere, not just within the US.

For too many people, it is so easy to rush to judgement, declaring the defendant guilty or believing he couldn't possibly be guilty because "somebody's out to get him."

Can he survive politically? I don't pretend to know enough to make any kind of judgement. Is he guilty of something? At this point, no one truly knows. Let's give the man his day in court and see what the evidence shows. The trial might not end up "the way some wish" but it is what we call Justice, and a whole lot better than the alternatives.

16:53 May 16, 2011 by ChrisRea
Good points, wood artist! It is more interesting to read your post than the article itself. Balanced approach, good arguments.
19:04 May 16, 2011 by maxbrando
UBL was not worth a trial, and all of you Europeans surely know it. Would you send him to Germany for a trial? Of course not. Guantanamo? Of course not. Send him for trial in Belgium? Of course not. (He would die of old age before those senile judges reached a verdict.)

Who wants terrorists on your soil? No one, you cowards.

As for DSK, "the great seducer" is guily as hell. Picked out of a lineup by a chambermaid no less, and the DNA will show his activities. He is nothing but an arrogant Eurocrat who thinks he can get away with anything.
19:21 May 16, 2011 by lwexcel
Well I would like the position to go to the person best qualified, but hey what the hell do I know.
21:51 May 16, 2011 by Masmuka
Would he be so randy too if Frau Merkel was his room maid???
22:33 May 16, 2011 by finanzdoktor
Who knows, it may never come to a trial, if further investigation shows the allegations are unfounded. Until then, he deserves the right of innocent till proven guilty in a court of law.

As for the comment of who replaces him, if he were to resign or so forth, seems a bit soon to be discussing that in the open. Instead, any such contingencies should be discussed behind closed doors, until such time (if any presents itself) they are necessary.
22:45 May 16, 2011 by vladpootin
It is always amusing to watch the clash of European socialism and elitism.On the one side you have; "How dare this peasant chamber-maid make such allegations against such a distinguished man" On the other side; ¦quot;How dare this peasant chamber-maid make such allegations against such a distinguished man".

The only sympathy this rape victim will receive is from fellow immigrant maids cleaning the posh hotel suites of Frankfurt, Paris and Davao.
02:24 May 17, 2011 by showme
smells a lot like the wikileak attack by 'concerned' entities! but, this guy's a 'socialist' and stays in a $3K/night hotel???......... at 3K/night, complimentary sex should be included just like the mint on the pillow. who owns the hotel? an arab? so we have a frenchman in a semite hotel in an american city trying to hump an african maid... who is an illeagal immigrant awaiting deportation to italy....... the news just can't get any more local than this.!
03:41 May 17, 2011 by MfromUSA
@showme.........sorry to be impolite, but you really do sound like a sexist PIG! "at 3K/night, complimentary sex should be included just like the mint on the pillow."........"trying to hump an african maid."

THANK GOD there are enlightened and civilized men among us.

Please remind me to show you a copy of your remarks re. this maid if/when your daughter or wife informs you that someone tried to RAPE her......boys, who don't really "get it" use the word HUMP.

Grow up and keep your sexism to yourself, where it belongs.
05:50 May 17, 2011 by DOZ
I smell a Dirty Political Game created so Obama and Harper can get control of the IMF. Be smart Europe, the Evil Western Bear has woken from it's sleep. Time for re-Armament.
05:54 May 17, 2011 by auniquecorn
That was funny showme
04:49 May 18, 2011 by neunElf
It was ironic to hear the lady head of the French Socialist party complain about DSK being treated like a common criminal.

I always thought socialists embraced egalitarianism?
10:47 May 18, 2011 by Zobirdie
DOZ, can I have some of what you are smoking?
21:26 May 18, 2011 by lwexcel
I have been reading other stories about this and I have a bit of a strange hypothesis (humor me if you will). This is based completely on the notion of "he who yells loudest against something has the most to hide." My theory is that politicians in the EU have either:

A) Used these debt events to manipulate the sentiments of investors, therefore allowing the currency to depreciate and boost exports from France and Germany. (If you look at what happened with Greece you can see that Germany definitely until their own favorable interest rates were up to question before taking action).


B) The actual problems within the German (& French) economy are worse off than stated and are not being addressed. (This is a much more complex and weakly supported theory) however if we look at the structure of the country you will see what I mean. Germany (& France) are 'graying' societies much more than the U.S. which results in deficit in the national retirement accounts. Along with very generous welfare, university, and healthcare benefits for the population. If you throw in the fact that these countries have pretty much put 'their full faith and credit' up as collateral against the default 4 of the 5 so called PIIGS I would argue that a default by one of the smaller of these economies is not as small as it is being made out to be. In laymen's terms I believe that the reports of the EU economy being able to sustain a default by Greece, Ireland, or Portugal because they are such a small part of the economy is grossly overstated, and that without conspirator in control of the IMF the financial stability of the so called 'big players' (i.e. Germany & France) would not be able to withstand scrutiny.

Or I could just be blowing smoke up your butts ;-). I would like to see if this turns into a discussion though!
05:33 May 19, 2011 by DOZ
Zobirdie, just wait. Canada is already being given 10/1 odds that they will lead the IMF. Better start making Planes, Destroyers and Submarines because a new Fascist has risen from the Dead.
Today's headlines
Long-vanished German car brand joins electric race
Photo: DPA

Cars bearing the stamp of once-defunct manufacturer Borgward will once again roll off an assembly line in north Germany from 2018, the firm said Wednesday.

Eurowings cabin crew union to strike all day Thursday
Photo: DPA.

UPDATE: A union representing cabin crews on Lufthansa's budget airline Eurowings has announced that strikes will last all day Thursday as ongoing contract negotiations continue to falter.

Hesse hopes to set example by building Iraqi orphanages
Refugee children in northern Iraq. Photo: DPA

The wealthy central German state of Hesse has set aside €1 million to build a school, family homes and an orphanage in northern Iraq, in an effort to help refugees there.

The Local List
10 German clichés that foreigners get very wrong
David Hasselhoff. Photo: DPA

Whether it be efficiency, humourlessness or a love of a certain Baywatch star, there are many cliches stuck in the heads of foreigners about Germany. But how true are they?

Fake Germanwings victim relative convicted in Cologne
A torn piece of metal at the crash site in 2015. Photo: DPA

A German court on Wednesday gave a woman a year's suspended jail sentence for posing as the cousin of a victim in last year's Germanwings plane crash and obtaining compensation offered by the airline.

Couple accused of torturing, murdering women go on trial
The so-called 'house of horrors' in Höxter where the couple allegedly tortured and killed women. Photo: DPA.

A couple accused of luring women to their village home with personal ads started trial on Wednesday over charges that they tortured and killed at least two of their victims.

After July attacks, govt drafts new video surveillance law
Photo: DPA

The Interior Ministry is drafting a law which will enable public spaces to be filmed for surveillance purposes as a reaction to deadly attacks in July, according to a newspaper report.

Merkel: murky internet giants distort perception of reality
Angela Merkel. Photo: DPA.

Chancellor Angela Merkel called on Tuesday for internet giants to make public their closely-guarded algorithms, claiming that they are not giving people diverse enough information.

Pegida leader 'paid court costs with group's money'
Pegida leader Lutz Bachmann. Photo: DPA.

The leader of the anti-Islam movement reportedly used money from Pegida's coffers to pay for two personal court cases, German media reported this week.

Anger as Berlin scraps Turkey concert on Armenia genocide
The Dresden Symphony Orchestra. Photo: DPA

Germany's foreign ministry Tuesday scrapped a planned symphony performance on the Armenian "genocide" in its Istanbul consulate, sparking accusations that it was caving in to Turkish pressure.

10 ways German completely messes up your English
Sponsored Article
Last chance to vote absentee in the US elections
Germany's 10 most weird and wonderful landmarks
10 things you never knew about socialist East Germany
How Germans fell in love with America's favourite squash
How I ditched London for Berlin and became a published author
12 clever German idioms that'll make you sound like a pro
23 fascinating facts you never knew about Berlin
9 unmissable events to check out in Germany this October
10 things you never knew about German reunification
10 things you're sure to notice after an Oktoberfest visit
Germany's 10 most Instagram-able places
15 pics that prove Germany is absolutely enchanting in autumn
10 German films you have to watch before you die
6 things about Munich that’ll stay with you forever
10 pieces of German slang you'll never learn in class
Ouch! Naked swimmer hospitalized after angler hooks his penis
Six reasons why Berlin is now known as 'the failed city'
15 tell-tale signs you’ll never quite master German
7 American habits that make Germans very, very uncomfortable
Story of a fugitive cow who outwitted police for weeks before capture
Eleven famous Germans with surnames that'll make your sides split
jobs available
Toytown Germany
Germany's English-speaking crowd