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Geithner to travel to Europe for Crisis talks

Geithner to travel to Europe for crisis talks (by Greg Robb)

WASHINGTON (MarketWatch) - Treasury Secretary Timothy Geithner will travel to Europe next week for crisis talks with senior politicians in key capitals and also the European Central Bank, the Treasury department announced Friday. Geithner will hold "discussions with his counterparts on their efforts to reinforce the institutions of the euro area," Treasury said in a statement. The trip will begin with meetings Tuesday with European Central Bank President Mario Draghi and Bundesbank President Jens Weidmann followed by talks with German Finance Minister Wolfgang Schauble. On Wednesday, Geithner will travel to France to meet French President Nicolas Sarkozy and Finance Minister Francois Baroin. He will then travel to Marseille to meet Spain's Prime Minister-elect Mariano Rajoy Brey. The trip will end Thursday with talks in Milan with Italian Prime Minister Mario Monti.