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Turkey's PM Erdogan (l) and US President Obama talking at the G20 in Seoul in 2010. The EU's seat at the top table is no longer guaranteed (Photo: Wikipedia)

New economies challenge EU claim to IMF throne

Brazil, China, Russia and Turkey have indicated they want their people to run for the top job at the International Monetary Fund (IMF) despite EU claims to exclusive ownership.

Speaking to EUobserver in Brussels on Thursday (19 May), Turkey's ambassador to the EU, Selim Kuneralp, said leading EU countries are bound to honour an agreement at the G20 in London in 2009 to appoint the next IMF chief on pure merit.

He said the G20 promise came because the global balance of power is ch...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Turkey's PM Erdogan (l) and US President Obama talking at the G20 in Seoul in 2010. The EU's seat at the top table is no longer guaranteed (Photo: Wikipedia)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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