The list of front-runners to succeed Christine Lagarde as head of the International Monetary Fund has narrowed to four eurozone officials, according to several senior European officials. Finance ministers from the Group of Seven nations discussed the front-runners on the sidelines of a summit on Wednesday in Chantilly, France, the officials said. Ms. Lagarde, who has been nominated to lead the European Central Bank, formally resigned her IMF post Tuesday, opening the way for a successor to be appointed in the coming months. Their finance ministers are meeting in Chantilly, France, on Wednesday and Thursday to debate issues such as taxation, crypto assets and inequality. “No one doubts Mark’s excellent credentials and competence, but there are other factors at play when selecting a European candidate,” said one official familiar with the discussions.

Source: Wall Street Journal July 17, 2019 15:23 UTC