G-7 Officials Confer Amid Euro Turmoil, U.S. Downgrade
This article is for subscribers only.
Group of Seven finance officials will talk today by conference call as policy makers seek to avert turmoil from Europe’s sovereign-debt crisis and a cut in the U.S. credit rating.
U.S. Treasury Secretary Timothy F. Geithner will take part in a G-7 conference call today, according to an official from a G-7 country who declined to be identified for lack of authorization. Finance ministers and central bankers are preparing a statement, and they may express confidence in the dollar and support the European Union’s fiscal efforts, the Nikkei newspaper reported.