European Institute

International jockeying is already intense about picking a successor to Dominique Strauss-Kahn, who resigned as head of the IMF on May 18. It is a key post in global financial affairs: under Strauss-Kahn, the Fund regained prestige and power, mainly as an influential investor and arbiter in the rescue and bail-out packages for debt-stricken European countries such as Greece, Ireland and Portugal.