In the third quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €90.2 billion (–2.3% of GDP), down from a deficit of €40.3 billion (–1.0% of GDP) in the second quarter of 2022 and down from a surplus of €74.3 billion (+2.0% of GDP) in the third quarter of 2021
Related Articles
Ann Pettifor: Grain Inflation – Starve the Poor, Feed the Rich
In a world of financialised globalisation, prices of food are not determined by the simplistic laws of supply and demand. Prices are determined by a wall of money wielded by relatively few, invisible speculators and […]
Bill Mitchell: The coronavirus will redefine what currency-issuing governments can do – finally
The ideologues are giving way to the pragmatists in the policy space Read here
The Guardian: Avoid London, police warn motorists, amid Extinction Rebellion ‘swarming’ protests
Disruption could continue until Saturday as Extinction Rebellion continues climate change protest Read here
Be the first to comment