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Lagarde Vows Neutrality Toward Europe as She Seeks Top IMF Job

French Finance Minister Christine Lagarde, vying for the leadership of the International Monetary Fund, pledged to be impartial toward European nations seeking aid and to give emerging economies greater influence.

“I will not shrink from the necessary candor and toughness in my discussions with the European leaders,” Lagarde said in a statement in Washington delivered in a meeting yesterday with IMF directors. “I am not here to represent the interest of any given region of the world, but rather the entire membership.”