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
Euronews – Migration, defence, competitiveness: Here’s what will drive the EU’s work for the next five years
What’s in store from our unelected European Commission in the next half-decade. Read the article HERE.
Economics
DeStatis – Germany: Government deficit increased to 42.1 billion euros in the first half of 2023
This is especially worrying as revenues should have increased much more due to inflation. The year-on-year increase in the financial deficit seen in the first half of 2023 is mainly due to a sharp increase […]
Deregulation
Open Markets Institute: The Role of Monopoly in America’s Prescription Drug Crisis
This White Paper should act as a warning to anyone contemplating opening the UK’s National Health Service further to the US pharmaceuticals industry. Read here
Be the first to comment