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
Reuters – German Recession: German investor morale tumbles in August
German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said on Tuesday. The economic sentiment index fell to 19.2 points from 41.8 points […]
Economics
Paul De Grauwe and Yuemei Ji: Financial engineering will not stabilise an unstable euro area
If you can get through it, there are some interesting points made. Read here
Economics
Eurostat: Industrial production down by 1.8% in the euroarea and by 1.2% in the EU
Among Member States for which data are available, the largest monthly decreases were registered inSlovakia (–5.3%), Germany (–5.0%) and Luxembourg (–3.9%). The highest increases were observed inLithuania (+11.3%), Estonia (+5.1%), Bulgaria and Greece (both +5.0%) […]
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