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US Treasury secretary to head to Europe

Other News Materials 30 March 2013 03:08 (UTC +04:00)
US Treasury Secretary Jacob Lew will travel to Europe next month for talks with his counterparts on the economic situation in the region, the Treasury Department announced Friday, as the crisis in Cyprus has rattled the eurozone.
US Treasury secretary to head to Europe

US Treasury Secretary Jacob Lew will travel to Europe next month for talks with his counterparts on the economic situation in the region, the Treasury Department announced Friday, as the crisis in Cyprus has rattled the eurozone, DPA reported.

The trip April 8-9 will feature "discussions with his counterparts on economic developments in Europe and policies to boost global growth and promote financial stability," the Treasury Department said.

The trip is his first to Europe since being confirmed as secretary earlier this year.

Lew will meet April 8 in Brussels with European Council President Herman Van Rompuy, European Commission President Jose Manuel Barroso, European Commissioner for Economic and Monetary Affairs and the Euro and European Commission Vice President Olli Rehn, and European Commissioner for Internal Market and Services Michel Barnier.

He also will hold talks with European Central Bank President Mario Draghi in Frankfurt.

On April 9, Lew will travel to Berlin for talks with German Finance Minister Wolfgang Schauble before heading to Paris to meet with French Finance Minister Pierre Moscovici.

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