August 2, 2019 / 6:44 PM / 21 days ago

No EU candidate gets required majority for IMF nomination - source

FILE PHOTO: Kristalina Georgieva, chief executive officer of the World Bank, in Berlin, Germany, June 11, 2018. REUTERS/Michele Tantussi

BRUSSELS (Reuters) - A majority of European Union governments gave their support to Kristalina Georgieva as the bloc’s candidate to lead the International Monetary Fund, but she failed to reach a large enough majority to be nominated, an EU official said.

After two rounds of votes on Friday, EU governments remained divided on how to proceed to name a single candidate for the IMF, the source said.

A candidate needs 55% of the votes of the 28 EU states, representing at least 65% of its population.

Dutchman Jeroen Dijsselbloem is the only alternative candidate to Georgieva, after three others withdrew.

Talks were continuing on Friday to break the deadlock.

Reporting by Francesco Guarascio @fraguarascio; Editing by Mark Potter

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