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Treasury's Tim Geithner is taking questions now from the White House press room.
Lordly Geithner castigates Europeans - Marketwatch
Snip:
LONDON (MarketWatch) — He came, he saw, he castigated.
What a pleasingly lordly duty for the American Treasury secretary to turn up in Poland and rebuke the finest of Europe’s finance over their painful failure to resolve the euro debt crisis.
Only too keen to distract attention from his own problems, Geithner travelled to the once-German city of Wroclaw to indulge in Schadenfreude. Only two days previously, Chinese Premier Wen Jiabao, too, reminded the Europeans of their vulnerability. But he took an ostensibly more constructive approach, telling an international audience in China that Beijing was willing “to extend a helping hand and increase our investment,” but demanding political concessions on trade.