Geithner accuses the EU of protectionism in financial services

When the history of this crisis is written, it will be recorded that – in contrast to the Great Depression – protectionism first prevailed in finance rather than trade.

When history is written, it will be recorded that – in contrast to the Great Depression – protectionism first prevailed in finance rather than trade.

When history is written, it will be recorded that - in contrast to the Great Depression - protectionism first prevailed in finance rather than trade.

We should not compound costs by encouraging financial protectionism or unfairly constraining financial services to the poor.

But this exercise should not be mistaken for tolerance of hidden forms of financial protectionism or a relaxation of regulation.

protecting the EEA market in financial services by ensuring consistency in asset-relief measures introduced by the EEA States and resisting financial protectionism

But that exercise should not be mistaken for tolerance of hidden forms of financial protectionism or a relaxation of regulation.

Financial protectionism is the greatest danger for global trade,” said Ludovic Subran, Chief Economist at Euler Hermes.

This financial protectionism, if not checked, could permanently impair cross-border capital flows and could be a serious setback for the global economy.

Financial protectionism is the greatest danger for global trade,” said Ludovic Subran, Chief Economist at Euler Hermes.

A recently emerging form of economic patriotism is financial protectionism, the hostility against acquisitions by foreign groups by companies considered of "strategic value" for the economy of the country.

The ultimate risk of a failure to adjust is that of yet another epoch-defining shift in the tectonic plates - the risk of a reversal that will take us back to an era of financial and trade protectionism as well as inflation.

We will not retreat into financial protectionism, particularly measures that constrain worldwide capital flows, especially to developing countries ;

We will not retreat into financial protectionism, particularly measures that constrain worldwide capital flows, especially to developing countries.