Donohoe chances of IMF top job dealt fatal blow as Germany joins France in backing incumbent

French and German finance ministers have endorsed current managing director Kristalina Georgieva

Public Expenditure Minister Paschal Donohoe had done little to kill off talk that as president of the Eurogroup of finance ministers he coveted the top job at the IMF.

The prospects of Public Expenditure Minister Paschal Donohoe securing the top job at the International Monetary Fund appear to have been dealt a fatal blow, after Germany rowed in behind France to endorse the incumbent Kristalina Georgieva for a second term.  

Mr Donohoe had done little to kill off talk that as president of the Eurogroup of finance ministers he coveted the top job at the IMF in Washington should Ms Georgieva not go for a second term as managing director.