Ex-IMF chief Strauss-Kahn takes on Serbia advisory role
BELGRADE (REUTERS) - Ex-IMF chief Dominique Strauss-Kahn began work on Tuesday as economic adviser to the Serbian government, his latest incarnation since a sex scandal cost him his job and ruined his French presidential ambitions.
Mr Strauss-Kahn, who has been initially engaged for three months and will take no salary, told a news conference that he and his team had "no magic wand or silver bullet" for the shaky economy of the European Union candidate.
The 64-year-old economist, who quit the International Monetary Fund (IMF) after being accused of sexually assaulting a New York hotel maid in 2011, has been working for the French boutique investment bank Arjil and says he has been advising companies around the world.
The Serbian government, which has suggested it plans to seek a loan deal with the IMF but is struggling to rein in its public debt and budget deficit, has shrugged off concerns about Mr Strauss-Kahn's private life.