On 20 April, the ninth round of negotiations between US and EU representatives on the Transatlantic Trade and Investment Partnership (TTIP) began in New York. Officials on both sides of the Atlantic are referring to the figure of $100 billion as the main argument in favour of the agreement. Apparently, this is the amount that the combined GDP of the US and the 28 EU member countries will increase by. So far, nobody has given any clear explanations as to where this estimate has come from... A European not well-versed in politics does not yet understand what to expect from the TTIP...
D.Sc. (Economics), Economist and the chairman of the S.F. Sharapov Russian Economic Society