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
Finance
John Rapley: Ten Years After: We Blew the Great Crash, Let’s not Waste the Next Crisis
We did not learn from the Great Financial Crisis, and have thereby prepared the ground for the next Read here
Austerity
LETA100: Latvian Healthcare workers to organize “A Day without a Doctor” in protest against insufficient healthcare financing
As far as the eye can see in the EU: Austerity Read here
Austerity
Bill Mitchell – EMU Member States should ignore Brussels and do whatever it takes
More and more people are realising that it is beyond reform – and that goes for the EU in general. The Eurozone is just the most advanced expression of the neoliberalism built into the EU […]
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