Geithner in Europe US and EU Oceans Apart on Fiscal Policy

Europe is eager to begin paying down sovereign debt. The US wants to see Germany and France continue stimulus measures. With Treasury Secretary Timothy Geithner in Germany on Thursday, the trans-Atlantic differences in fiscal policy have become difficult to ignore.
US Treasury Secretary Timothy Geithner with German Finance Minister Wolfgang Schäuble on Thursday in Berlin.

US Treasury Secretary Timothy Geithner with German Finance Minister Wolfgang Schäuble on Thursday in Berlin.

Foto: ddp
cgh -- with wire reports