Christine Lagarde: 'I'm not a candidate for EC job'

The head of the IMF, Christine Lagarde, has firmly denied suggestions that she may become the next president of the European Commission.

Speaking at an IMF press conference in London, Ms Lagarde insisted: "I'm not a candidate and the reason I'm not a candidate is I have a job and it's a job I happen to think is rather important at the moment."

She also made a reference to the 70th anniversary of the D-Day landings, saying: "When you start something you've got to finish the job, that's what a few people did 70 years ago, thank goodness."

Read: Germany denies tipping IMF chief Lagarde for top Europe job

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Germany denies tipping IMF chief Lagarde for top Europe job

The German government has issued a denial after reports that Chancellor Angela Merkel wanted Christine Lagarde to lead the European Commission.