Arab Today, arab today us treasury secretary eu official hold talks
Last Updated : GMT 10:58:15
Arab Today, arab today
Arab Today, arab today

US Treasury Secretary, EU official hold talks

Arab Today, arab today

Arab Today, arab today US Treasury Secretary, EU official hold talks

Paris - Spa

European Union\'s (EU) Economy Commissioner Olli Rehn met US Treasury Secretary Timothy Geithner before G20 finance ministers and central bankers gathered for their second and last day of talks in Paris. Geithner was \"supportive\" of the eurozone crisis resolution strategy that the European Commission presented Wednesday, an EU official told the German Press Agency \"DPA\". The five-point strategy - closely resembling ideas presented earlier by German Chancellor Angela Merkel and French President Nicolas Sarkozy - hinges on bank recapitalizations, further debt relief for Greece, bolstering euro bailout facilities and strengthening eurozone discipline rules.

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