In the second quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €37.4 billion (–1.0% of GDP), down from a surplus of €8.8 billion (0.2% of GDP) in the first quarter of 2022 and down from a surplus of €104.8 billion (2.9% of GDP) in the second quarter of 2021
Related Articles
Economics
Bill Mitchell: So-called ‘Team Transitory’ declared victors
We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this […]
Geopolitics
BBC: IOC bars Indonesia from hosting Olympic events over ban on Israeli athletes
Indonesia gets sanctioned before Israel. We need to decolonize sport urgently. Indonesia said it would not grant visas to the Israel team for the ongoing World Artistic Gymnastics Championships in Jakarta because of the country’s […]
Geopolitics
Gideon Levy: ‘You’re a Nazi’: Getting Attacked for Speaking Out Against Israel’s War Crimes in Gaza
Etzel Haturki (At the Turk’s) is a well-known shawarma place in the central Israeli city of Or Yehuda, and there is nothing Turkish about it: It looks simple, though the prices are not so cheap, […]

Be the first to comment