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Euro fund head sees no quick China deal
BEIJING (Reuters) – The head of Europe’s 440 billion euro bailout fund played down hopes of a quick deal with China to throw its support behind efforts to resolve the bloc’s debt crisis but said he expects Beijing to continue to buy bonds issued by the fund. Klaus Regling, chief…
Geithner wants ‘decisive signal’ on eurozone debt
US Treasury Secretary Timothy Geithner has called on Europe’s leaders to send a “decisive signal” that they can handle the debt crisis, as pressure builds for action to prevent further eurozone damage. With the US and eurozone debt and deficit crisis overhanging the IMF-World Bank annual meeting in Washington, top…
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