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.
Related Articles
EU politics
CUP: Detentions in a massive police operation against the Catalan pro-independence movement
Since early this morning 23rd of September, the Guardia Civil has arrested nine people by alleged actions of rebellion, sedition and terrorism in several places around Catalonia. Read here
Economics
Hong Kong Free Press: Hong Kong Budget 2020: HK$10,000 cash handouts for all adult permanent residents among raft of relief measures
Helicopter Money has landed. Apparently Singapore and Macau are following suit. Read here
Economics
Thomas Palley – Capitalism and the Polycrisis: Bad Apples or Bad Barrel?
This essay is about the polycrisis, whereby the global order is afflicted by simultaneous crises impacting economics, politics, societal relations, geopolitics, and nature. The essay uses the metaphor of “bad apples” versus “bad barrel” to […]

Be the first to comment