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"With this trip, I think the Secretary will bring the message that time is running out"
- Domenico Lombardi, a former International Monetary Fund board member
U.S. Treasury Secretary Timothy Geithner arrived in Germany on Tuesday to urge euro zone officials to take decisive action to combat debt crisis in the region. This is one of the several trips Geithner has made in recent month as U.S. worries over the crisis in Europe grow.
"With this trip, I think the Secretary will bring the message that time is running out and this is the last chance the Europeans have to fix the situation before we have a full- blown systemic crisis," said Domenico Lombardi, a former International Monetary Fund board member.
"I think the U.S. tone will be much more firm—it has changed from being more interlocutory to more authoritative," Lombardi added.