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 of the world stood at €269.5 bn, arise of 44.0% compared with July 2021 (€187.1 bn). As a result, the euro area recorded a €34 bn deficit in trade ingoods with the rest of the world in July 2022, compared with a surplus of €20.7 bn in July 2021. Intra–euro areatrade rose to €224.8 bn in July 2022, up by 24.0% compared with July 2021
Economics
Devsdiscourse: Slovakia may stop power exports to EU without more help on energy costs
Slovakia’s main electricity producer has pre-sold energy for the next year at prices much lower than current ones, while Slovak distributors and customers must now buy electricity at multiple times that price. Read Here Photo: […]
EU politics
The Independent: Emmanuel Macron branded ‘hero of the rich’ for cutting taxes for the wealthiest in new French budget
Emmanuel Macron seems to be pushing through a neo-liberal policy that once again enriches the few and immiserates the many. What else is new in the European Union? Read here
National Politics
Alejandro Esteso Pérez – Post-election Kosovo plunges into the unknown as western allies wane
Kosovo’s recent election has brought up various questions regarding the country’s future. A search is now underway to determine how a majority can be formed in parliament, with the incumbent Albin Kurti likely to continue […]
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