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'Unilateral industrial policies are a losing strategy for most EU countries,' the IMF has warned (Photo: imf.org)

'Unilateral' moves on state aid and tariffs will hurt EU, warns IMF

The International Monetary Fund has warned the EU against opening the taps on state aid as it comes under growing economic pressure from the US and China. 

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

'Unilateral industrial policies are a losing strategy for most EU countries,' the IMF has warned (Photo: imf.org)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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