Trump badly cornered at home by agribusiness and steel consumer lobbies: Trade

Donald Trump, the real estate mogul and TV reality show star, as President, discovered the hard way that international trade is a much more complicated issue than he could have ever imagined. His poor cognitive abilities and his rampant nature didn’t allow him to realize that international trade is a much more complex issue, than […]

Economic sentiment and business climate stagnate in miserable euro area

Tantalizingly slow proves the tempo of Eurozone’s economic resumption, if such a thing exists at all. According to the European Commission Directorate General for Economic and Financial Affairs (ECFIN), “in January the Economic Sentiment Indicator (ESI) increased by 0.5 points in the euro area (to 100.91) and by 0.9 points in the EU (to 104.7)”. […]

Towards a seamless internal EU market for industrial goods

Twelve years after the ‘internal market’ initiative launched in 1992, with which the European Union erased the technical, fiscal and any other barrier impeding the internal circulation of goods within the boundaries of the club, and still there are impediments to the free internal circulation of industrial products. The European Commission in order to neutralise […]

Eurozone: Economic Sentiment Indicator recovering losses

  The Economic Sentiment Indicator (ESI), despite a mild rise in September by 1.6 points in the euro area is still below its long-term average (100), and oscillates around the levels of the third quarter of 2010. However if it continuous on its present upwards course, it may soon recover losses of three years. In […]

EU economy: Between recession and indiscernible growth

Triumphant announcements, that the European economy has entered in a new growth path just because unemployment in June has decreased in the EU27 by one decimal point and the Economic Sentiment Indicator (ESI) in July increased by 1.2 points in the euro area cannot stand a rigorous critic. Incidentally unemployment in the euro area was […]

Eurozone: Even good statistics mean deeper recession

One after the other the main indicators of Eurozone’s economic health are deteriorating slowly but surely. Even positive statistical findings, like the March Euro area surplus in international trade of goods, having reached a record €22.9 billion, if looked more closely reveal a deepening recession of the internal economy, while the rest of the world […]