In the third quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €90.2 billion (–2.3% of GDP), down from a deficit of €40.3 billion (–1.0% of GDP) in the second quarter of 2022 and down from a surplus of €74.3 billion (+2.0% of GDP) in the third quarter of 2021
Geopolitics
BNN: German Frigate ‘Hessen’ Mistakenly Targets US Drone Over Red Sea: Military Misfire Raises Concerns
This is the perrect metaphor for Germany and its military. First the incorrectly identified a US drone and tried to shoot it down. Since its missiles misfired they fell into the sea. It appears that […]
Corruption
euronews: European Chief Prosecutor requests the immunity of two Greek MEPs to be lifted over fraud suspicions
Wouldn’t it be simpler at the next session of the EU parliament to have police seal all the exits, convert the place into a prison, sifting our the few non-corrupt parliamentarians, and leave the rest […]
EU politics
Politico – France and Italy denounced by European Commission for overspending
Austerity is back, just in time for the French election. Read the article HERE.
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