17.09.2011 - 10:52 [ Reuters ]

Geithner presses EU to act; meets resistance

Geithner‘s presence at the meeting underscored the depth of U.S. alarm but ministers were resistant to Washington telling the 17-country euro zone and its finance chiefs what to do.

„He conveyed dramatically that we need to commit money to avoid bringing the system into difficulty,“ Austria‘s Finance Minister Maria Fekter told reporters after the meeting.