EU, US Trade Deal Is ‘Lesser Evil,’ a Top Spanish Banker Says
The proposed trade deal between the European Union (EU) and the United States (US) has been described as the "lesser evil" by the CEO of Spain's largest domestic bank. The comment suggests that the trade agreement, while not an optimal solution, is preferable to a wider conflict. The remarks come amidst ongoing negotiations between the EU and US to establish a comprehensive trade pact. While the details of the potential deal are not explicitly outlined in the article, the CEO's statement implies that it may help mitigate the risks of a more extensive trade dispute between the two economic powerhouses. The article presents the perspective of a prominent figure in the Spanish banking sector, highlighting the potential economic and geopolitical implications of the trade negotiations. However, it does not provide a comprehensive analysis of the trade deal or its potential benefits and drawbacks.
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