The first estimate for euro area exports of goods to the rest of the world in August 2022 was €231.1 billion, an increase of 24.0% compared with August 2021 (€186.4 bn). Imports from the rest of the world stood at €282.1 bn, a rise of 53.6% compared with August 2021 (€183.6 bn). As a result, the euro area recorded a €50.9 bn deficit in trade in goods with the rest of the world in August 2022, compared with a surplus of €2.8 bn in August 2021. Intra–euro area trade rose to €210.5 bn in August 2022, up by 34.8% compared with August 2021
Deregulation
Pod črto – Working on the edge of poverty: Slovenia’s self-inflicted wound over labour market reform
The gig economy takes on many forms. The result is always the same: precarious jobs. Slovenia has its own innovation, subsidised by the EU. Read here
Austerity
Bill Mitchell: Greece – the next bailout is just around the corner
Greece has disappeared from the headlines, but its disastrous economic state has changed little. Bill Mitchell looks at the nation that purportedly turned the corner. Read here
Geopolitics
The Cradle: Boycotts ‘shake the foundations’ of Israeli academia
Academics describe scientific research as ‘a central engine of economic growth’ for Israel, cautioning that weakening universities could jeopardize long-term economic recovery Read Article HERE Photo licensed under the Creative Commons Attribution-Share Alike 4.0 International […]
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