EU officials say Treasury Sec. Geithner - at a meeting in Poland tomorrow - will suggest Europe...

|By:, SA News Editor

EU officials say Treasury Sec. Geithner - at a meeting in Poland tomorrow - will suggest Europe use leverage to bring more firepower to the EFSF. Geithner and Bernanke pulled off a similar scheme with TALF in 2008. Such a move would be significant as it is clear that at €440B, the EFSF is not of enough size to take on rescues of Italy or Spain.