Author: Lucy Meakin
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ECB warns of a Europe of `small countries’ if populism triumphs
European Central Bank officials pushed back against a key populist promise, saying European countries risk becoming irrelevant on the global stage if they put national sovereignty above joint institutions. “It’s kind of dishonest to say ‘I can regain control.’ It’s an interconnected world and small countries know that,” ECB Executive Board member Peter Praet said…
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Draghi defends Europe against Trump on currency wars, bank rules
Mario Draghi took the Trump administration to task Monday, rebutting recent assertions that Germany is a currency manipulator and warning against the rollback of post-crisis financial regulation. Speaking at a hearing of European lawmakers in Brussels, the European Central Bank president responded to the charge by U.S. National Trade Council Director Peter Navarro and others…