Bloomberg News

Geithner Says Europe Has More Work to Make Commitments Credible

February 26, 2012

Feb. 25 (Bloomberg) -- U.S. Treasury Secretary Timothy F. Geithner said that Europe must do more to make its commitments to stem the euro-area debt crisis “credible.”

While European leaders have made progress in arresting “catastrophic failure,” Geithner said in Mexico City today that he hopes to see more progress in Europe on a stronger, more credible firewall.

Geithner made his comments in a speech during a meeting of Group of 20 finance ministers and central bank governors.

To contact the reporter on this story: Cheyenne Hopkins in Washington at chopkins19@bloomberg.net

To contact the editor responsible for this story: Alan Crawford at acrawford6@bloomberg.net


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