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
Eurostat: Euro area international trade in goods deficit €34.0 bn – €42.3 bn deficit for EU
The first estimate for euro area exports of goods to the rest of the world in July 2022 was €235.5 billion, an increase of 13.3% compared with July 2021 (€207.8 bn). Imports from the rest […]
EU politics
The Irish Times: Ireland – Massive increase in reports of money laundering
Banks and financial institutions reported over 24,000 suspect transactions in 2017 Read here
Corruption
Alp Kayserilioglu: Turkey’s Statequake
The scale of state failure in Turkey is just as striking as the natural disaster. Read the article HERE.
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