The first estimate for extra–EU exports of goods in September 2022 was €232.0 billion, up by 24.0% compared with September 2021 (€187.1 bn). Imports from the rest of the world stood at €277.8 bn, up by 48.2% compared with September 2021 (€187.4 bn). As a result, the EU recorded a €45.8 bn deficit in trade in goods with the rest of the world in September 2022, compared with –€0.3 bn in September 2021. Intra–EU trade rose to €383.0 bn in September 2022, +26.1% compared with September 2021
Austerity
Stephanie Kelton: UNCTAD warns of too much tightening
The trade and development department within the UN has published a report warning the advanced economies to “avoid austerity” and “revert course and avoid the temptation to try to bring down prices by relying on […]
Economics
Bill Mitchell – The Eurozone fictions continue to propagate
There was a Financial Times article recently (January 8, 2023) – Monetary independence is overrated, and the euro is riding high – from Martin Sandbu which strained credibility and continues the long tradition of pro-Euro […]
EU politics
The Irish Times: Spanish Justice System again involved in scandal
Once again Spain’s democracy is showing cracks of a fascist past that has never been resolved. Read here
Be the first to comment