WASHINGTON — Jacob J. Lew began his first trip to Europe as Treasury secretary on Sunday, a four-city tour in which he is expected to try to persuade finance ministers to pursue a little more growth and a little less austerity to improve the economic fortunes of the Continent and the world.
Showing posts with label Europe’s sovereign debt crisis. Show all posts
Showing posts with label Europe’s sovereign debt crisis. Show all posts
12/09/2011
Draghi Courts Bundesbank in Bid to Avoid Trichet’s Fate on Bond Purchases
Mario Draghi knows he can’t afford to repeat Jean-Claude Trichet’s mistake.
10/03/2011
Lee stresses G20 role in financial crisis
President Lee Myung-bak Monday indicated the important role of international economic cooperation in forums like the G-20, Monday, in not only protecting Korea but also finding long term solutions to global financial instability, particularly Europe’s sovereign debt crisis.
"We have surmounted the previous global financial crisis in the fastest and most successful fashion in the world,” Lee said in a radio address.
"We have surmounted the previous global financial crisis in the fastest and most successful fashion in the world,” Lee said in a radio address.
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