OECD criticises EU's continuing protectionism

In its first report on the European Union, the OECD has urged more economic reforms and criticised persistent protectionist tendencies by some member states.

"Globalisation brings great opportunities for vibrant economies but punishes less flexible ones, and population ageing will put welfare systems under pressure," said Angel Gurria, secretary general of the Paris-based body, when presenting the report.

He argued that while the basic assessment of the EU is a "positive one" - p...