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Monday, 19 September 2011

Geithner: US has 'huge stake' in Euro crisis

US Treasury Secretary Timothy Geithner
has warned of the risk that the Greek
debt crisis poses to markets
© AFP Nicholas Kam
AFP

WASHINGTON (AFP) - US Treasury Secretary Timothy Geithner said Monday that America had a huge stake in helping Europe find a "more effective strategy" to tackle its financial crisis.

Geithner, just back from a trip to Poland in which he reportedly expressed concern of a "catastrophic risk" to markets from the Greek debt crisis, said at the White House that Europe had the will to combat its challenges.

"We have a huge stake as a country in helping them deal with those challenges. We have a huge economic stake, financial stake.

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