After the Suez-Gaz de France deal was announced , Italy 's economy minister , Giulio Tremonti , warned that Europe was facing an '' August 1914 effect , '' referring to the rise in protectionism that helped set the stage for World War I. European deal-makers and politicians say that Mr. Tremonti was exaggerating , but that government involvement in cross-border deals does have implications beyond the markets . ''
Europe /location/location/contains Italy
Giulio Tremonti /people/person/nationality Italy
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