Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-065-000"

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"Madam President, when the former Managing Director of the International Monetary Fund (IMF) came into office, there were major question marks against the relevance and effectiveness of the IMF. We now know better, after finding out the hard way during the crisis just how interlinked we are internationally. It is precisely in such times of crisis that you also learn to better seek each other out, and we experienced just how crucial the role and the expertise of the IMF are, even for us here in Europe. It is thus also important that, in the coming years, the IMF should play a key role in terms of global governance and better financial and monetary stability in the world. Sadly, in this euro crisis, we have learned from experience in a very painful way. You can tell where I am going with this. Today, we are discussing the new candidate for the future position of Managing Director of the IMF. You quite rightly say that this must be an open process, but we do not need to hide under a bushel the fact that we, Europe, have an outstanding candidate. I am happy that we, in Parliament, are also able, through this debate, to give our express support to that candidate. In a time of crisis, it is important to have an outstandingly qualified woman in this top role as, in a crisis, female qualities could provide real added value, topped off with quality. Mrs Lagarde also has experience on both sides of the Atlantic and in multilateral governance. Viewed from this angle, too, she is an outstanding candidate. I hope that, with this backing, we are able to give you a little extra push to put forward Mrs Lagarde’s case as the next occupant of the role of Managing Director of the IMF."@en1
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