The U.S. Treasury Secretary Timothy Geithner and Finance Minister of Germany, Wolfgang Schäuble, have called in a joint statement to maintain the reform effort both at European and global at the same time highlighted the “considerable efforts “made by Spain and Italy and have shown their confidence in the measures adopted in Europe.
“(Geithner and Schäuble) spoke of the considerable efforts made by Spain and Italy to continue with tax reforms and structural long-range” includes the statement issued after the meeting that both leaders have remained on the German island of Sylt, “a informal setting for the open exchange of views on the global economy, U.S. and Europe. “
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