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Germany: Increase in Russian imports despite sanctions

An increase is observed in the first half of 2022 in the imports of Russian goods to Germany despite the strict sanctions against Moscow. The same is not true the other way around. What exactly...

China: Exports moved higher than estimates in July

China's exports rose faster than expected in July, defying expectations that falling global demand would weigh on trade and providing support to an economy struggling with sporadic outbreaks of Covid and problems in the property market. According...

How the euro parity creates additional fiscal space

By Tasos Dasopoulos The slippage of the exchange rate of the euro against the dollar very close to 1:1 increases inflation, since it makes imports of fuel and other raw materials more expensive, but at the...

ELSTAT: Trade balance deficit increased by 77.9% in 5 months

The deficit of the trade balance is significantly increased both at the level of 5 months and for May. In particular, according to the data of ELSTAT, the deficit of the trade balance during the period...

Germany: Import prices rose in May

German import prices in Germany rose in May but at a slower pace than the previous month, according to Destatis. Import prices rose 30.6% year-on-year in May, following a 31.7% rise in April. Compared to April, import prices...

Barclays: The cost of the Russian energy embargo – moderate to deep recession in the eurozone

Her Eleftherias Kourtali An embargo on Russian energy products that would push prices higher would trigger a mild recession, according to Barclays. However, restrictions on gas consumption (bulletin) would lead to a much deeper contraction, which...