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US Treasury chief urges EU to ease off austerity

Associated Press
US Treasury chief urges EU to ease off austerity

U.S. Treasury Secretary Jacob Lew, right, is greeted by European Commission President Jose Manuel Barroso during a meeting at EU headquarters in Brussels on Monday, April 8, 2013. U.S. Treasury Secretary Jacob Lew is starting a series of meetings with key European Union leaders during his first official visit to the region. Lew is expected to urge the European officials to promote more growth-friendly policies to counter the debt crisis that has for three years engulfed the 27-nation bloc, which together forms the world's largest economy. (AP Photo/Virginia Mayo)

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