US Treasury secretary charms EU officials in Brussels

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By Hannah Brenton 

U.S. economy chief Janet Yellen had successfully stalled EU plans for a digital levy and told national governments how to run their economies. Yet EU officials had nothing but effusive praise for their American visitor. “We could say that in terms of our relationships with the U.S. we have gone from a winter of discontent to a summer of cooperation,” Economy Commissioner Paolo Gentiloni told journalists. The European Commission confirmed it would bow to U.S. demands to put its plans on hold until the fall.

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By Hannah Brenton, posted on Monday July 12, 2021

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