Bloomberg: Geithner takes tougher tone on Europe

14 September 2011

US Treasury Secretary, Timothy F Geithner, will urge European governments to step up their crisis-fighting efforts amid Obama administration concerns that the region's woes may hurt the US economy.

Geithner will press European Union finance ministers when he meets with them this week, a euro area official said. It will be the first time Geithner has attended a session of Europe’s Economic and Financial Affairs Council.

“The US has always been discretely preoccupied and discretely present, and now it’s starting to be intensely preoccupied and intensely present”, said Nicolas Véron, a senior fellow at Bruegel.

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