United States Secretary of the Treasury, Timothy Geithner, left, and Germany’s Finance Minister, Wolfgang Schaeuble, answer questions at a press conference in Berlin on Thursday. (AP Photo/dapd/Lennart Preiss)

Associated Press | The U.S. and Europe  broadly agree on the need for reform of the financial system, but global cooperation is needed, Treasury Secretary Timothy Geithner said Thursday. He also said countries are working together to balance cutting back deficits with supporting economic growth. Geithner met German Finance Minister Wolfgang Schaeuble during a two-day visit to Europe that also took him to Britain and to the European Central Bank in Frankfurt.

Get the full story: Geithner urges cooperation on financial reform.