EU backs Wolfowitz nomination to World Bank

- Central Banking staff
- 30 Mar 2005

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European leaders cautiously endorsed Paul Wolfowitz, the US nominee to head the World Bank, on Wednesday 30 March after promising to keep the institution "truly multinational."

At a Brussels meeting on Wednesday, Wolfowitz won support from leading European figures by stressing his commitment to multilateralism.

The deputy US defence secretary said he would make the fight against poverty his top goal as head of the Washington-based global lending institution.

"Helping people lift themselves out of

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