A U.S. Treasury Department specialist in international finance will visit Athens and Rome this week as Europe plunges into fresh market turmoil.
Charles Collyns, the Treasury’s assistant secretary for international finance, will visit the Greece and Italy from tomorrow until July 26 to meet with government officials and private-sector executives, the department said in a statement today. The Treasury didn’t name the officials.
Stocks and the euro fell today as Catalonia joined a list of Spanish regions that may tap aid from the central government, spurring 10-year yields to rise to a euro-era record. Meantime, Greece’s so-called troika of international creditors -- the European Commission, the European Central Bank and the International Monetary Fund -- arrives tomorrow in Athens, rekindling concern the currency union will splinter.