Saturday, May 19, 2007

Europe unlikely to pick fight on Wolfowitz succession

(Reuters) - At a meeting of G8 finance ministers near Potsdam, Germany, European officials said they would like to see a qualified candidate who could restore credibility to the poverty-fighting institution and heal the wounds of Wolfowitz's departure.




But none are questioning the traditional right of the United States to pick the new president of the Washington-based institution and several said they assumed an American would replace Wolfowitz, forced out this week over his handling of a high-paying promotion for his bank-employee companion.


Read more at Reuters.com Bonds News

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