EU pushes Bulgarian for top job at IMF

But move has raised doubts about European domination of governance

The European Union has decided to put forward World Bank official Kristalina Georgieva as their candidate to replace Christine Lagarde as head of the Washington-based International Monetary Fund. But the move has raised doubts about the European domination of the organization that fosters global financial stability.

The EU's nomination of Georgieva, a Bulgarian economist, came after two days of negotiations and two rounds of contested votes in a selection process led by French Finance Minister Bruno Le Maire. Other candidates include former Dutch finance minister Jeroen Dijsselbloem, Portuguese Finance Minister Mario Centeno, Bank of Finland Governor Olli Rehn and Spanish economy minister Nadia Calvino.