Europe faces confidence test as borderless ideal fades
Curbs on free movement of people and labour could hurt trade, economy
Frankfurt
HERE'S the latest in a long line of threats to Europe's economy: the border guard.
Danish officers checking travel documents on the boundary with Germany this week aren't out to stymie trade or hinder tourism - they're under orders from politicians anxious to stem the flow of refugees. Even so, analysts are beginning to worry about what could happen to the already-embattled region when the free movement of people is called into question.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’