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.

16th July, 2012
EU faces its biggest ever challenge - WTO chief
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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago