US treasury sec: Economy must be put above politics in eurozone

US treasury sec: Economy must be put above politics in eurozone

US treasury sec: Economy must be put above politics in eurozone

Tim Geithner, US treasury secretary, speaks about German chancellor Angela Merkel's commitment to avoiding full-blown financial crisis in the eurozone:

"Ultimately, what you have to do is put the economy above politics."

"I remember the chancellor saying to the president of the United States repeatedly in private meetings, and in public, 'We are not going to have a Lehman Brothers'.

"She recognises she has got to do more to make that commitment credible in the eyes of the world."