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>> JACK LEW Latest News

JAN 08, 2014 - Yahoo! News

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Analysis: America to Europe: Stronger banking union would help boost growth

By Jason Lange BERLIN (Reuters) - The United States has a message for Europe: If you want to help your ailing economy, consider pledging taxpayer money from across the euro zone to help troubled banks. Washington dispatched Treasury Secretary Jack Lew this week to Paris, Berlin and Lisbon in part to convey concerns about the euro zone's need to revitalize banks crippled by a debt crisis. The issue has jumped up the United States' worry list, overshadowing a previous spat with Berlin about criticism of Germany's export-driven economic model.

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