The governor of the Bank of England Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the IMF, European officials have said as the EU was considering four other people for the job.

EU finance ministers must sort out the sources of financing for a future eurozone budget as a matter of priority, EU leaders told their finance ministers yesterday, but remained vague on the idea of a European deposit insurance scheme (Edis).

Jan Strupczewski, Reuters