Finance
REUTERS NEXT - Low productivity bigger worry for Europe than potential tariffs
Published by Global Banking & Finance Review®
Posted on December 10, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 10, 2024
1 min readLast updated: January 27, 2026
Europe's main concern is low productivity, not US tariffs, according to Swedish Finance Minister at Reuters NEXT conference.
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.
To view the live broadcast of the World Stage go to the Reuters LIVE page:
(Reporting by Dan Burns and Shashwat Awasthi)
The main topic is Europe's concern over low productivity compared to potential US tariffs.
She stated that Europe's destiny is not in the hands of the US administration and emphasized the need to improve productivity.
The discussion took place at the Reuters NEXT conference in New York.
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