France's Minister of Finances elected as head of IMF
Christine Lagarde has become a new head of the international organization.
Her candidature was proposed by the European countries and the USA, and China, Russia and Brazil supported it in the end. This is not the first time when a French citizen leads the International Monetary Fund. Another Frenchman - Dominique Strauss-Kahn - occupied this position before Lagarde. However, he was forced to discharge after a sex scandal.