Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-075-000"

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"Madam President, it is unfortunate that the IMF has recently been discussed only in the context of the affair concerning its former head, Dominique Strauss-Kahn. It is not only the prestige of this important position and the whole institution which has suffered, but also the prestige of a European politician occupying such an important position. I think that if, as a result of this, we finally stop tolerating behaviour which everyone knew about and which is far too widely accepted, this would be the one positive thing to come out of the whole terrible affair. However, now we have to fight to rebuild the reputation of this position and the institution of the IMF. For this to happen, we need to propose a competent person for this position who will be able to maintain calm on the markets, in the media and in general public opinion in what is, today, a very difficult situation. It is important that the candidate should be credible, and Christine Lagarde has been acknowledged by the as being the best Minister for Finance in the euro area in 2009. The Commissioner has already mentioned how well she led the presidency at the G20. She is a person whose credibility cannot be called into question. We cannot underestimate the role of the IMF, particularly now when there is a financial and economic crisis which is affecting many countries in Europe. European thinking should therefore be present in this institution. We need someone in this position who understands the significance of the present crisis. While dealing with global finances at the IMF and using the skills and international experience she gained in the European Union, I know that Christine Lagarde will not lose sight of European interests. She said herself that if she were to be chosen for the post, she would bring all her experience as a lawyer, managing director, minister and woman to the Fund. Let us pay particular attention to the final element, which is very important in this situation."@en1
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