Carney's new love-in with EU has everything to do with Trump

4 weeks ago 24

Yet - in public - Europe's leaders have remained cautiously quiet.Though not, it seems, out of any lack of support for Mark Carney.A number of Europe's leaders, like Finland's president - but also French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni, herself once a true Trump fan - are involved in behind-the-scene chats with Carney about deepening relations, I'm told.But - and it's a big but - no leading European politician wants to stick his or her neck out for Carney in public right now and risk having voters at home blame them for possibly incurring the wrath of - and fresh punitive tariffs from - the US president.Over the coming months, every large country in the EU holds key elections. Germany's took place just over a week ago. France chooses a new president in April and early May. Italy, Spain and Poland have yet to set a date for their parliamentary elections.When it comes to applauding Carney right now, Europe's leaders are hiding behind the EU institutions.Under EU rules, the European Commission deals with trade on behalf of the member states. The EU Commission and EU parliament presidents invited Carney to Strasbourg this week.But some officials I sp...

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