The European Union’s economy has lost hundreds of billions of euros due to the bloc’s failure to ratify a trade deal with South American trade bloc Mercosur , European Trade Commissioner Maros Sefcovic said in Nicosia on Friday.
“ We have lost almost €300 billion because we do not have an agreement in place with Mercosur ,” he said during a joint press conference with Cypriot Trade Minister Michael Damianos,
