Thursday, 8 September 2011

US calls for more forceful action from EU


US Treasury Secretary Timothy Geithner has called for Europe to take stronger action to generate confidence that it can resolve its spreading debt and deficits problems.


"Europe needs to take more forceful action to generate confidence that it can and will resolve its crisis," Geithner said on Thursday ahead of the G-7 meeting of finance ministers and central bankers in Marseille.