Economics
EU: Where youth unemployment over 15% is normal (soon 20%?)
How the EU political class is sabotaging Europe’s future. But if you wish to introduce developing world wages in the EU, this is the way. Read here
Eurostat
Economics
Eurozone’s unstoppable V-Recovery – Q4: GDP down by 0.6% and employment up by 0.3% in the euro area
In the fourth quarter of 2020, seasonally adjusted GDP decreased by 0.6% in the euro areaand by 0.4% in the EU,compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical […]
Economics
A Monster EU V-Recovery is Coming! Some Day: Q4 – GDP down by 0.7% in the euro area and by 0.5% in the EU
-5.1% in the euro area and -4.8% EU compared with the fourth quarter of 2019 Read here
Economics
They said it couldn’t be done: Government Debt up to 97.3% of GDP in Euro Area
Compared with the third quarter of 2019, the government debt to GDP ratio rose in both the euro area (from 85.8% to 97.3%) and the EU (from 79.2% to 89.8%): the increases are due to […]
Economics
Is “Stable Deflation” in eurozone here to stay?
The euro area annual inflation rate was -0.3% in November 2020, stable compared to October. A year earlier, the rate was 1.0%. European Union annual inflation was 0.2% in November 2020, down from 0.3% in […]
Economics
The not so V-Recovery – Eurostat: EU’s attempt to export its recession running into trouble
In October EU exports began falling again – and this before the second wave as the “robust V-Recovery” was supposed to be happening. Read here
Economics
Eurostat: Eurozone Striving to lead the World in Stable Deflation
Only for the third time in its history, the eurozone had had four consecutive months of deflation. Many EU politicians are calling for the re-introduction of austerity in the hopes of increasing the eurozone’s efforts […]
Economics
The EU’s Not So V-Recovery: Industrial production down by 0.4% in euro area and unchanged in EU
And this was before the second wave Read here
Economics
The EU’s prodigious V-Recovery – August: EU international trade in goods surplus falls to €11.3 billion
This was the second monthly decline in a row. When one considers that the trade surplus with Britain was round €64 billion in the first eight months of the year (second only to the USA) […]
Economics
EU’s mind-boggling V-Recovery – Hardly any increase in Industrial Production
In August 2020, a month marked by a relaxation of COVID-19 containment measures in many Member States, the seasonally adjusted industrial production rose by a mere 0.7% in the euro area and by 1.0% in […]