NEW YORK (Reuters) – Europe’s biggest worry is not tariffs that might be introduced by the incoming administration in the United States, but low productivity, Swedish Finance Minister Elisabeth Svantesson said on Tuesday.
“The destiny of Europe is not in the new administration’s hands. We need to step up,” Svantesson, who was speaking on a panel at the Reuters NEXT conference in New York, said.
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(Reporting by Dan Burns and Shashwat Awasthi)