Geithner to attend EU meeting in bid to calm markets

US TREASURY secretary Timothy Geithner’s invitation to a special EU finance ministers meeting in Poland later this week is aimed at giving confidence to the markets, in a flurry over Greek default fears.

This will be the first time Mr Geithner has attended such a meeting in person but he has been regularly involved in discussions on critical issues by telephone with the ministers.

He was invited by the Polish government, the current EU presidency, which is hosting the informal two day meeting in Wroclaw this Friday and Saturday.