Malmstrom: Trade deal needed to maintain Europe's living standards

An ambitious free-trade deal with the United States will allow Europe to keep its place at the economic top-table, the bloc's new trade commissioner told MEPs on Tuesday (18 November).

In her first speech on the planned trade and investment package - known as TTIP - as Trade commissioner Cecilia Malmstrom told a conference in the European Parliament that the rise in economic strength of emerging markets in Asia and South America "was a huge step forward for humanity but it does mean les...