In the first quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €16.6 billion (0.4% of GDP), down from a surplus of €52.2 billion (1.4% of GDP) in the fourth quarter of 2021 and down from a surplus of €126.4 billion (3.6% of GDP) in the first quarter of 2021.
Economics
Adam Tooze: The Death of the Central Bank Myth
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever. Read here
Economics
Politico: Saudis Warned G-7 Over Russia Seizures With Debt Sale Threat
Warning made to EU states, said people familiar with matter Move underscores Saudi Arabia’s growing diplomatic clout Read HERE
National Politics
El Nacional Cat.: Catalonia to break off its relationship with the Spanish monarchy, says Torra
The King of Spain has painted himself into a corner and will have to see how he re-establishes relations with Catalonia. Maybe he has made himself superfluous in this conflict and this is simply a […]
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