Europe should head IMF: Merkel

German Chancellor Angela Merkel said on Monday that Europe should remain in charge of the IMF if Strauss-Kahn were to resign.

German Chancellor Angela Merkel said on Monday that Europe should remain in charge of the IMF if Strauss-Kahn were to resign.

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Merkel said that Kahn should be considered innocent until US judicial authorities had ruled on charges that he had tried to rape a hotel maid in New York."We know that emerging countries will have a good claim to the chairmanship of the IMF and World Bank," said Merkel.