Monday, July 25, 2011

Geithner urges Greek finance minister to continue reform

July 25, 2011

Treasury Secretary Timothy Geithner urged Greece's new finance minister to push forward with efforts to strengthen Greek public finances on Monday as Washington struggled to break a deadlock on its own debt reduction plans.

In their first meeting, Geithner and Greek Finance Minister Evangelos Venizelos discussed the agreement reached by European leaders last week to strengthen Greece's bailout and restructure its debt, the Treasury said.

In a statement, the Treasury said the two ministers discussed "Greece's efforts to implement comprehensive reforms and restore growth to its economy. Secretary Geithner welcomed the progress Greece has already made toward strengthening its public finances and underscored the need for continued and full implementation of the program."


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