Around one-third of the value of the EU’s imports of cereals in 2021 originated from Ukraine (28.8% and valued at €1.7 billion) and Russia (4.8%) combined.
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Economics
Heiner Flassbeck, Friederike Spiecker – The ECB’s dogmatism reaches new dimensions
The price surge triggered by the pandemic in 2021 and the war in Ukraine in 2022, which primarily caused producer prices to soar, was considerably stronger (Figure 2), but the processes are very similar to […]
Economics
Tax Justice Network – UK u-turns on commitment to tax transparency, giving up £10 billion in corporate tax
Odd that. Who would ever have thought that? Don’t expect anything different from the EU, just some cosmetic changes. Read here
Economics
Bill Mitchell – Forget the record deficits and public debt – focus on what the net spending is doing to advance well-being
MMT economists have always held the view that a focus on deficits and debt aimed at assessing solvency thresholds and the like has never been justified and has underpinned destructive policy interventions that have undermined […]
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