Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-072-000"

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"Madam President, Commissioner, ladies and gentlemen, I rise on behalf of Mrs Lulling and Mr Langen, too; they had their own speaking time, but I assure you that I will not use it all up. I would just like to point out, as every one of you has done here, that the process of selecting a new Managing Director of the IMF has begun. It is important for the European Union to express a unanimous and strong position that is conveyed not only by the various Member States, but also by the Commission, and you have pledged to do that, Commissioner. Many of us in this House, with the exception of Mr Farage, are very keen to see the balance – a popular one until now – between the United States and Europe maintained during the process of appointing the Managing Director of the IMF and the President of the World Bank. We fully understand that emerging countries – particularly the largest ones – would like more of a say in the IMF’s decision making. It is important, therefore, to continue the reforms under way regarding the governance of that international institution, and particularly the ones that you also mentioned, Commissioner. However, it is definitely too soon for any radical changes to the balance achieved as a result of the Member States’ respective financial contributions to the Fund. Only one European candidate has launched a proper campaign by making contact with the various Member States. That candidate – who, by the way, is a woman – has the qualities required. Her skills, political experience, moral authority and perfect command of English, coupled with her experience of working across the globe, make her the ideal candidate for the post of Managing Director of the IMF. As has been said, the Managing Director must be someone who seeks consensus and is effective at a time when the institution has a vital role to play in helping to redress the economic and financial balance with a great sense of purpose. Our Union must therefore do whatever it takes to secure Christine Lagarde’s appointment."@en1
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