The European Union's economic and financial committee is worried efforts to boost protectionism pose a threat to the global economy,
Der Spiegel reporting
- Citing an internal paper from the committee (the committee is made up officials from the finance ministries of EU member states)
- Also concerned by the Trump administration's spending plans ("public debt is already on a path that is not sustainable" - policy contained "short-term risks for the global economy".)
- Said lenders had recently avoided the United States."The decline in international investments is a possible vulnerability"
