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MNI EXCLUSIVE: Eurogroup To Meet Ex-US Treasury Sec Summers

WASHINGTON (MNI)

Eurozone finance ministers are set for a briefing from former U.S. Treasury Secretary Larry Summers at the Jan 18 Eurogroup meeting, MNI understands, as they look for clues as to how President-elect Joe Biden will rebuild relations with Europe and drive fiscal policy to rebuild the economy in the wake of the Covid-19 pandemic.

Summers, who will speak purely in his role as a Harvard professor, his spokesperson told MNI, has been at the heart of Democrat politics for much of his working life and will have his own ideas how policy could pan out. Treasury Secretary during the Clinton Administration in the 90s, he served as the National Economic Director under President Barack Obama from 2009 to late 2010, when Biden was the vice-president.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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