EU faces its biggest ever challenge - WTO chief
European governments are using a “conservative strategy” to battle the euro region’s sovereign-debt crisis, said World Trade Organisation director-general Pascal Lamy.
European governments are using a “conservative strategy” to battle the euro region’s sovereign-debt crisis, the biggest challenge to the European Union since it was created in the 1950s, said World Trade Organisation director-general Pascal Lamy.
“These times are difficult, progress is probably not available because governments do not have the necessary energy, leadership capacity, and we are all making sure that what has been achieved doesn’t slide back,” Lamy said in...
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