Europeans Offer Deal to Make Wolfowitz Quit

U.S. could choose the next World Bank president
By Peter Fearon,  Newser Staff
Posted May 8, 2007 7:00 AM CDT
Europeans Offer Deal to Make Wolfowitz Quit
World Bank President Paul Wolfowitz gestures as he addresses the media at the European Council headquarters in Brussels, Wednesday, May 2, 2007. Wolfowitz attended an EU-hosted Global education conference to mobilize governments around the world to deliver on their promises for education in developing...   (Associated Press)

European partners in the World Bank have signaled to the White House that they want Paul Wolfowitz to resign, the New York Times reports, and they're willing to let the U.S. appoint his successor to make that happen. After an investigating committee found Wolfowitz guilty of ethical breaches, one European official called his credibility "beyond repair."

The Europeans had earlier suggested that the bank's next president should not be chosen by the U.S., but they're now wiling to trade the next appointment to avoid a broader public breach over control of the bank. They want Wolfowitz's American patrons to persuade him to resign rather than be censored or ousted. (More Paul Wolfowitz stories.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.