World
Geithner won't seek bigger European bailout fund
WASHINGTON : US Treasury Secretary won't push European finance ministers to increase the size of their bailout fund when
By
WASHINGTON: US Treasury Secretary won't push European finance ministers to increase the size of their bailout fund when he joins them on Friday meeting in Poland, a US official said on Tuesday.
"Geithner does not plan to advocate for a bigger EFSF," the official said, referring to the 440 billion euro ($601 billion) European Financial Stability Facility they have established to help debt-strapped member countries.
Copyright Reuters, 2011
More Stories
Comments
Comments are closed for this article.