In the first quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €16.6 billion (0.4% of GDP), down from a surplus of €52.2 billion (1.4% of GDP) in the fourth quarter of 2021 and down from a surplus of €126.4 billion (3.6% of GDP) in the first quarter of 2021.
Economics
Grace Blakeley: Another Europe is Unlikely: Why Socialist Transformation Won’t Happen Within the EU
Another Europe isn’t impossible, but it won’t come about until the EU has collapsed under the weight of its own contradictions. Until then, a socialist government trying to deliver a radical agenda from within the […]
National Politics
France 24: UK forced to cancel deportation flight to Rwanda after European court ruling
The number of those due to be put on the flight had dwindled from an original 130 to seven on Tuesday and finally none thanks to a last-minute ruling from the European Court of Human […]
Austerity
Josh Ryan -Collins: Public budgeting for public purpose
It’s the latest debunking of the Swabian hausfrau myth of that German Finance Minister Who-Must-Not-Be-Named. To see this lecture please click here Read here
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