Jack Lew

Washington Views Greek Debt as Unsustainable; Lew Calls for Restructuring

U.S. Treasury Secretary Jack Lew called on Greek Finance Minister Euclid Tsakalotos to push through more reforms for Greece's current bailout review. Lew made these comments while Tsakalotos was in Washington on the sidelines of an International Monetary Fund summit. Lew...

Jack Lew Urges for Debt Restructuring in Greece

United States Secretary of the Treasury Jack Lew responded to a question by Greece's daily Kathimerini on the sidelines of an event in Washington held for the annual meeting of the International Monetary Fund (IMF). "We have been involved in...

U.S. Treasury Secretary: Europe Must Support Growth

"The argument between austerity and growth is over. Right now everyone agrees that we need to support growth," said U.S. Treasury Secretary Jack Lew in a public debate in Italy. According to a report in the online edition of Italian...

Tsipras-Lew Agree on Debt Relief and Greece's Role as 'Pillar of Stability'

During a meeting in Athens on Thursday, Greece's Prime Minister Alexis Tsipras and visiting U.S. Secretary of the Treasury Jack Lew agreed on the necessity of significant debt relief for Greece. In a brief dialogue before television cameras as Lew...

U.S. Treasury Secretary: Greek Debt Must Soon be Rendered Sustainable

US Treasury Secretary Jack Lew on Thursday in a meeting with Finance Minister Euclid Tsakalotos said that the Greek debt must be soon rendered sustainable. During a press conference, Lew said that Greece has made significant progress and implemented major...

FT: Turkish Turmoil Could Help Greece Get Debt Relief

An article in the Financial Times makes a case for the current turmoil in Turkey being of benefit to Greece. U.S. Treasury Secretary Jack Lew has said that Greece's creditors should let Greece restructure its debt so that the...

U.S. Treasury Secretary Lew to Visit Athens This Week

U.S. Treasury Secretary Jack Lew will visit Athens this week to urge the Greek government to expedite required economic reforms, according to the Treasury Department. Lew will make a stop in Athens on his way to the Group of 20...

U.S. Treasury Secretary Urges Europe for Flexibility on Greece's Debt

U.S. Treasury Secretary Jack Lew urged European creditors to show flexibility in talks with Greece about how to make the country's sovereign debt more sustainable. Lew made the comments in a meeting with Jeroen Dijsselbloem, head of the euro zone...

U.S. Treasurer Jack Lew Repeats Calls for Greek Debt Relief

U.S. Treasury Secretary Jack Lew reiterated the position of the United States on easing the Greek debt burden on Friday, a week before the G7 meeting at Sendai, northeast of Tokyo, Japan, on May 18-20. Lew maintained that demands of...

Jack Lew: Flexibility and Debt Relief for a Financial Regulation in Greece

All sides must be flexible in order to successfully complete all the negotiations for Greece's financial regulation, US Treasury Secretary Jack Lew told Greek Prime Minister Alexis Tsipras in a phone conversation on Thursday. In an announcement published by the US Treasury, both sides have...