Euro Area Current Account Surplus Remains Constant at €23 in January
(ECB) The current account surplus in the euro area was recorded at 23 billion euros in January 2022, the same as December. Services surplus in January was 16 billion euros…
Euro Area Swings Into €27.2B Trade Deficit in January
(Eurostat) The international trade in goods balances was posted at a deficit of 27.2 billion euros in the euro area in January 2022, compared to a surplus of 10.7 billion…
Industrial Production Rises Slower in the EU in January, Unchanged in the Euro Area
(Eurostat) Industrial production showed stagnation in the EU and the euro area in January, rising by only 0.4% in the former and held stable in the latter. In the last…
Google’s “Jedi Blue” Deal With Meta Under the Scrutiny of EU, UK Regulators
EU and UK regulators have started an investigation on Google and Meta’s 2018 ad deal dubbed “Jedi Blue.” The regulators are exploring whether the “Jedi Blue'' deal between the two…
Euro Area and EU GDP Jumps by 5.2% in 2021 as Growth Stalls in Q4
(Eurostat) Euro area and EU posted a 5.2% increase in GDP in 2021, despite growth easing in the last quarter of the year. Growth in the fourth quarter eased at…
EU Posts a Higher 3.6% Annual Inflation in Sept. Compared to 3.4% in the Euro Area
(Eurostat) Annual inflation was 3.6% in the EU in September, up from 3.2% the previous month, and 0.3% a year ago. The inflation was 3.4% in the euro area, higher…
Eight Among Ten Banks Banned from EU Bond Sales Cleared after Further Disclosure
(Reuters) The EU has lifted a ban targeting eight banks in syndicated debt sales amounting to 800 billion euro or $950.7 billion. Nomura, Credit Agricole, UniCredit, Citigroup, JPMorgan, Bank of…