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Europe's economy survived 'terrible prophecies' but must now tackle trade with China: EU's Gentiloni
The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend with Russia’s war in Ukraine and a tenuous trade relationship with China, outgoing European Commissioner for Economy Paolo Gentiloni said Saturday. The bloc’s economy underwent “overall a weak growth, but nothing of the terrible prophecies that we heard in the last two or three years: recessions, blackouts, divergence, divisions in Europe in front of Russia’s invasion,” Gentiloni said in an interview with CNBC’s Steve Sedgwick at the Ambrosetti Forum at Cernobbio, ... (full story)
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- Posted: Sep 7, 2024 2:15pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,927
