Geithner Says U.S. Has ‘Huge Interest’ in Europe Solving Crisis

Treasury Secretary Timothy F. Geithner said the U.S. has a “huge interest” in Europe solving its sovereign-debt crisis.

“If Europe has a comprehensive strategy in place that looks like it makes sense, and is using the very ample financial resources of Europe, then we’re happy to see the IMF play a continuing role,” he said in a CNBC interview in Paris today. “We have a huge interest in Europe getting ahead of this and fixing it.”

He also said that any U.S. assistance for Europe will come through the IMF, CNBC reported.

To contact the reporter on this story: Scott Hamilton in London at shamilton8@bloomberg.net

To contact the editor responsible for this story: Fergal O’Brien at fobrien@bloomberg.net

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