Geithner: US not lecturing Europe on debt

[September 16, 2011]  WROCLAW, Poland (AP) -- U.S. Treasury Secretary Timothy Geithner has told eurozone finance officials the U.S. is not trying to lecture them on their debt crisis.

Geithner said that "we still have our challenges in the United States" and that "our politics are terrible... maybe worse than they are in many parts of Europe."

The U.S. finance chief said that given the challenges the U.S. faces, "we're not in a particularly strong position to provide advice to all of you."

He's attending his first-ever eurozone meeting as officials try to find ways to keep Europe's debt crisis from hurting the broader economy.

[Associated Press]

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.