International Finance

Tag : European Commission

EconomyJanuary-February 2019Magazine

Too big to fail but big enough to trigger a financial crisis

Bharath Kumar
Italy is current bogged down by high debt, low growth and a weak economy. There are very real concerns that it could trigger a massive financial crisis in Europe, and its ongoing disagreement with the European Commission on its budget is making the situation worse. What lies ahead for the country?...
Economy

EU and Canada sign historic free trade agreement

CETA was almost derailed by objections from the Wallonia region in Belgium November 4, 2016: Canadian Prime Minister Justin Trudeau flew to Brussels on the weekend to attend an EU-Canada Summit which had been delayed for three days because of opposition in Belgium to the Comprehensive Economic and Trade Agreement (CETA). Belgium came back to...