New Spanish PM backs Rato for IMF

Spain's future Socialist prime minister, Jose Luis Rodriguez Zapatero, on Wednesday 17 March came out in support of Rodrigo Rato for IMF Managing Director, saying that his appointment would be good news.

"It is clear that we want him to be elected and I think that there is a chance that he will be," Zapatero said on Wednesday.

He said in comments on Spanish radio Onda Cero: "It would be good news and we shall do everything to bring it about."

There should be an unwritten rule that whenever the

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