U.S. should ratify IMF reform to avoid isolation: Eurogroup head

The U.S. Congress has not yet ratified the reform because of political deadlock in Washington. This is holding up change in the IMF, angering emerging economies that do not feel their representation in the fund reflects their growing importance.

"We strongly hope the U.S. Congress starts taking some responsibility again for international financial institutions," Jeroen Dijsselbloem, who chairs monthly meetings of the euro zone finance ministers, told a business lunch.

"I would say it is in the U.S. interest to do that, they should not be isolated, especially not as China is becoming more and more active in our institutions, which is welcome," he said.

"I think the U.S. should make sure that it stays very much involved and in the lead, instead of taking the current defensive position. Of course I am not criticizing the administration, but I am criticizing the guys on Capitol Hill," he said.

(Reporting By Jan Strupczewski)