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
EU politics
Thomas Fazi: The European Union Is an Antidemocratic Disgrace
The European Parliament elections start today. But the body itself is an insult against democracy that exists only to rubber-stamp neo-liberal rule. Read here
Economics
Thomas Fazi – The EU will choke off Europe’s recovery
European states are being offered a pittance in exchange for giving up even more power to the EU. Read here
Austerity
The Guardian: Grenfell survivor blames landlord’s ‘cancerous’ decisions for disaster
Housing too has become “a commodity to be exploited”. This is nothing new, as Henry George recognised 150 years ago. This fact includes many danger, and as we saw with Grenfell Tower, not only social […]
Be the first to comment