The first estimate for euro area exports of goods to the rest of the world in January 2022 was €199.5 billion, an increase of 18.9% compared with January 2021 (€167.8 bn). Imports from the rest of the world stood at €226.7 bn, a rise of 44.3% compared with January 2021 (€157.1 bn), driven by a further increase in energy imports.
Finance
Politico – European carmakers in crossfire of US-EU trade war
German automanufacturers are facing the perfect storm – falling behind China technologically, and having their access to the US market reduced. Read the article HERE.
Austerity
Paul Mason: The Italian crisis shows why the European left must break with the neoliberal EU
Without a radical realignment, social democrats in Italy and elsewhere face political extinction as racists and populists exploit this moment. Read here
Economics
DeStatis – German Recession: Exports in February 2025: +0.1% year on year
Exports (calendar and seasonally adjusted exports of goods), February 2025 131.6 billion euros +1.8% on the previous month +0.1% on the same month a year earlier Imports (calendar and seasonally adjusted imports of goods), February […]
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