…and make things worse:
Geithner Plans to Press Germany on European Rescue
Parliament in Berlin Approves Country’s Share of Massive Bailout Fund; U.S. Treasury Secretary to Meet With Schäuble
Treasury Secretary Timothy Geithner is bringing two messages to officials in Berlin next week: be more sensitive to potential market reactions to policy moves, and work faster on the massive European rescue program that German lawmakers blessed Friday, approving the country’s €147.6 billion ($182.93 billion) contribution.
Since the bailout here worked so well, let’s go tell the Germans to speed up their bailout of Greece.
What could go wrong?
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