EU economy has ‘lost almost €300bn’ due to lack of Mercosur trade deal

The European Union’s economy has lost hundreds of billions of euros due to the bloc’s failure to ratify a trade deal with South American trade bloc Mercosur, European Trade Commissioner Maros Sefcovic said in Nicosia on Friday. “We have lost almost €300 billion because we do not have an agreement in place with Mercosur,” he […]