Treasury Secretary Lew prepares to visit Europe

04/5/2013 | Bloomberg

Experts expect Treasury Secretary Jack Lew to discuss the economy, a proposed financial-transaction tax and other issues when he meets with officials in Europe next week. "The priority for U.S. policymakers is that the eurozone becomes much more integrated and this shaky monetary union is shored up through a real economic and political one," said Nicholas Spiro, managing director of Spiro Sovereign Strategy. Lew is scheduled to meet with EU officials, German Finance Minister Wolfgang Schaeuble, French Finance Minister Pierre Moscovici and European Central Bank President Mario Draghi. This week, SIFMA sent a letter to Secretary Lew raising a number of important financial regulatory, tax and trade issues between the EU and the U.S.

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