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: Elements in a strategy for the Left
Another long but excellent article by bill Mitchell concerning where the Left in Europe has to go and how it has to change its thinking. Read here
Economics
Shaun Richards – Germany revises GDP growth further into recessionary territory
An analysis of Germany’s current economic downturn. Where it came from and where it is going. Read HERE Photo: Kalligraf licensed under the Creative Commons Attribution-Share Alike 4.0 International
EU politics
David Cronin: German aristocrats backed Hitler, now they support Israel
The German aristocracy is accustomed to being on the wrong side of history. Most nobles backed Adolf Hitler in the 1930s and 1940s. The Bavarian aristocrat Katharina von Schnurbein is on the wrong side in […]
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