France 'won't back Rato's IMF candidacy'

Outgoing Spanish Economy Minister Rodrigo Rato emerged as a leading European candidate to head the IMF this week, but his chances of getting the nod were later thrown into doubt following comments attributed to Jacques Chirac.

French President Jacques Chirac informed German Chancellor Gerhard Schroeder in talks Tuesday (16 Mar) that he would not support Rato to become the next managing director of the International Monetary Fund, the German newspaper Suddeutsche Zeitung reported in its Thursday

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