In the fourth quarter of 2021, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €49.6 billion (1.3% of GDP), down from a surplus of €69.6 billion (1.9% of GDP) in the third quarter of 2021 and down from a surplus of €125.4 billion (3.6% of GDP) in the fourth quarter of 2020
EU politics
Gavin Rae – Weak Myths
Sharp analysis of Poland’s election result last week. In New Left Review’s ‘Sidecar’. Read the article HERE.
Economics
The Irish Times: Exploding Ireland’s housing crisis myths
So much for the myth that the private sector is cheaper and better. The housing crisis is not a demand side problem, but a supply side, as companies seek excessive profits. Read here
Economics
Richard Murphy: The banks are using this crisis to demand that we go back to the rules of 2007 so that they can exploit us all over again
This is the real danger, that the financial corporations use the corona crisis to further their interests, not to mention receive hundreds of billions from the state. Read here
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