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“Europe is currently not in a strong position with regard to USA.” – said Vasil Karaivanov, member of the academic staff at the Department of Economics at the Faculty of Economics and Business Administration, in “V Razvitie” (In Development) – a Bloomberg TV Bulgaria program with presenter Delyan Petrishki.




As guest in the program, Karaivanov commented on the decision by the United States to impose duties on European Union goods following their World Trade Organization (WTO) victory. Customs duties will come into force on 18 October, with a rate of 10% on EU aircraft and 25% on agricultural and other goods.


The whole interview can be accessed here.