The first estimate for euro area exports of goods to the rest of the world in July 2022 was €235.5 billion, an increase of 13.3% compared with July 2021 (€207.8 bn). Imports from the rest of the world stood at €269.5 bn, arise of 44.0% compared with July 2021 (€187.1 bn). As a result, the euro area recorded a €34 bn deficit in trade ingoods with the rest of the world in July 2022, compared with a surplus of €20.7 bn in July 2021. Intra–euro areatrade rose to €224.8 bn in July 2022, up by 24.0% compared with July 2021
EU politics
Bill Mitchell: Britain doesn’t appear to be collapsing as a result of Brexit
After the thousands of hysterical articles in the media regarding doom and gloom with regard to Brexit, this is a unique take on the topic. Bill Mitchell analyses the possible development of the British economy […]
Finance
Bill Mitchell: Prime Minister Corbyn should have no fears from global capital markets
Initially Mitchell rambles a bit, but eventually he arrives at his topic, controlling capital flows. Read here
Austerity
Owen Jones: Don’t let the Tories fool you: we must borrow to invest
Here once again are most of the arguments for ending austerity and investing in the UK’s future and its people. The logic is valid for most EU nations. Read here Please see Simon Wren-Lewis on […]
Be the first to comment