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
Economics
Bill Mitchell: More evidence that the current inflation is ephemeral
The pressure to raise interest rates seems to run parallel to the pressure to re-introduce austerity. Is there any reason for either? Read here
EU politics
Catalan News: Prosecuted former cabinet ordered to pay €2.13m or face confiscation
The Social Democrats are not really defusing the situation. Read here
Geopolitics
Euro-Med Human Rights Monitor: United Nations World Food Programme (WFP) Executive Director should be fired for unethical breach of neutrality
Euro-Med Monitor called McCain’s participation in—and her front-row seat at—Canada’s Halifax International Security Forum, which took place from November 17 to 19, deeply concerning. The push to raise money for the Israeli army, said the […]
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