The path for Kristalina Georgieva to be re-elected as managing director of the International Monetary Fund has been completely clear. The current president, 70 years old, will not encounter any opposition to renew her five-year mandate, once the current one expires next fall.

The Finance Ministers of Germany and France, Christina Lindner and Bruno Le Maire, had already shown their support. And also the Minister of Economic Affairs of Spain, Carlos Body, supportedGeorgieva when it became known she had presented her candidacy.