Posts
Eurozone finance ministers made little progress on solving the EU's debt crisis...after 2 days of meetings in Wroclaw.
Some did respond to suggestions from USA Secretary of Treasury Timothy Geithner...invited by host Poland.
But not warmly.
Austria's FinMin Maria Fekter spoke for some of the 17 nations : “I found it peculiar that, even though the Americans have significantly worse fundamental data than the euro zone, that they tell us what we should do. I had expected that, when he tells us how he sees the world, that he would listen to what we have to say.”
Also critical of Geithner's advice was Belgium's Didier Reynders and even FinMin president Jean-Claude Juncker.
Juncker said European officials did not care to have detailed discussions about expanding their bailout fund “with a nonmember of the euro area.”
