WSJ: ECB Warns of Growing Protectionism
FRANKFURT -- Resurgent protectionism is a real threat to the global economic recovery, the European Central Bank warned in its monthly bulletin for September, published Thursday.
"A sluggish global recovery and rising unemployment may increasingly tempt governments to adopt restrictive trade policy measures, which could lead to a retaliatory spiral of ever harsher trade restrictions and tensions," the ECB said.
11 Sep 2009
Geoffrey T. Smith , Wall Street Journal
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