IMF head Christine Lagarde ruled herself out of the race for the presidency of the European Commission. Here is her response in full.
Sensible woman."I'm not a candidate and the reason I'm not a candidate is that I have a job. It's a job that I happen to think is rather important at the moment, which the United Kingdom was kind enough to support me for at the time, which I have to do and which I intend to complete.As my young son would have said: 'Mum when you start something you've got to finish the job'.