WASHINGTON: Christine Lagarde garnered strong backing from Europe Thursday for a second mandate as IMF managing director.
With her term coming to an end in July, the International Monetary Fund formally began accepting nominations for who will guide the global crisis lender for the next five years.
Lagarde, who has led the IMF through one of its most difficult challenges, the rescue of the eurozone from meltdown, has only said that she is open to another term.
But she drew immediate endorsements from Germany, France, Britain, and the Netherlands, while the US praised her performance in the role without giving its formal backing.
British finance minister George Osborne on Thursday tweeted that he was “delighted to nominate @Lagarde for new term as head of IMF”.
He described her as “an outstanding leader with vision and acumen to steer global economy in years ahead”.
The German finance ministry in Berlin said in a statement Lagarde had proven to be a “far-sighted and successful crisis manager in difficult times”.