Pitsiorlas warns against return to protectionism

Greece is closely following developments in the ongoing US-China trade dispute, strongly supports cross-border cooperation and opposes protectionism, Greece's deputy economy and development minister told Xinhua in Athens.

Asked to comment on the dispute between the world's two largest economies, which has fueled worries over the potential impact on the global economy, Stergios Pitsiorlas said: "These US actions are causing concern across Europe. Europe is worried, not just Greece, about the possible trade wars..."

"At present we do not see any particular negative repercussions on the Greek economy or on the European one, but we think that if these initiatives are extended, they will create problems," he said.

The US government's decision in March to impose more tariffs on imports from China and restrictions on Chinese investment in the United States...