At the Brussels Economic Forum (BEF), the head of the International Monetary Fund (IMF) and former European Commissioner Kristalina Georgieva warned against fragmentation of world trade.
She mentioned the EU’s ‘Green Deal Industrial Plan’ and its financial support: “In order to play their intended role and accelerate the green transition, they must be well designed and carefully implemented. If subsidies are too generous, they can have significant fiscal costs, disrupt trade and...