The first estimate for euro area exports of goods to the rest of the world in January 2022 was €199.5 billion, an increase of 18.9% compared with January 2021 (€167.8 bn). Imports from the rest of the world stood at €226.7 bn, a rise of 44.3% compared with January 2021 (€157.1 bn), driven by a further increase in energy imports.
EU politics
the Onion: EU Honors Angela Merkel’s Tenure By Giving Her Greece
In a ceremony to commemorate her stepping down from her post as chancellor of Germany after 16 years, European Union officials honored Angela Merkel’s tenure Friday by giving her Greece. “We hope that the chancellor […]
Austerity
Bill Mitchell: The assault on democracy in Italy
With Bill Mitchell’s blog we continue our series of analyses concerning the recent events in Italy. Read here
Austerity
Emma Clancy: The Eurozone’s Coronavirus Debt Crisis
At last night’s Eurogroup meeting, southern states asked for solidarity in the midst of a horrific pandemic and had the door slammed in their faces. The long-term consequences for the EU could be profound. Read […]
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