EU chooses Georgieva as IMF candidate


The European Union (EU) has chosen Kristalina Georgieva as their pick to be the next head of the International Monetary Fund (IMF).

It came after more than a dozen hours of talks on Friday.

Experts say the sheer length of the meeting showed the level of internal division among the bloc.

Georgieva is the 65-year-old from Bulgaria who is currently the chief executive of the World Bank.

She got the backing of a majority of the 28 EU states to prevail over Jeroen Dijsselbloem from the Netherlands.

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