In the fourth quarter of 2021, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €49.6 billion (1.3% of GDP), down from a surplus of €69.6 billion (1.9% of GDP) in the third quarter of 2021 and down from a surplus of €125.4 billion (3.6% of GDP) in the fourth quarter of 2020
Corruption
Reuters: Diesel collapse gives automakers carbon headache
This is how absurd things can become – thanks to the EU: Diesel was supposed to reduce CO2., but the car manufacturers, to increase their profits, cheated, and produced radically more nitrogen oxide than permitted, […]
Corruption
European CEO: European banking regulator faces criticism after failing to take action on Danske Bank scandal
This is pretty much par for the course with regard to the EU and financial crime. What do laws and regulations matter, when it is a question of the intereests of financial trans-nationals. Read here
Economics
Jo Michell – Health vs. the Economy: A False Choice
Boris Johnson is framing the Covid-19 debate as ‘health vs. the economy’ – but his government’s approach to this crisis has helped neither, and nor will recklessness in easing the lockdown. Read here
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