Nineteen European Union governments on Monday recognized Juan Guaidó as the legitimate interim president of Venezuela, and it says something about Europe that no one can decide whether this is a show of strength or weakness. In the strength column, the move puts new teeth behind the EU’s earlier measures to distance itself from the regime of despot Nicolás Maduro. In theory, recognizing Mr. Guaidó as the legitimate interim head of state gives Venezuela’s opposition more access to state assets held in Europe. The Bank of England...

Source: Wall Street Journal February 08, 2019 00:22 UTC