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
Economics
Shaun Richards: Italy faces a tough 2023 with real wages falling by 8% and soaring energy prices.
It is nice for once to be able to look at some growth in the Italian economy. The problem is that as I look at this quarter and the prospects for 2023 we have real […]
EU politics
This is Money: Almost 1 in 5 of Britain’s biggest firms paid NOTHING last year – and some even got a handout from the taxman…
Almost 1 in 5 of biggest UK companies paid no corporation tax last year. The list includes Astrazenca, BP, Royal Mail, British Gas owner Centrica, British Land, Ocado, Standard Chartered and others whilst their directors […]
Economics
DeStatis – German Recession: Production in April 2025: -1.8% year on year
Production in industry April 2025 (in real terms, provisional): -1.4% on the previous month (seasonally and calendar adjusted) -1.8% on the same month a year earlier (calendar adjusted) Read Article HERE
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