Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Eurozone Trade Surplus Is No Longer a Given
For years, the Eurozone ran a comfortable trade surplus, exporting more than it imports. But that surplus has been shrinking, and in some months, it has vanished entirely. In this episode, Lucas and Luna examine why — from rising energy costs after the Iran conflict to the structural shift in European competitiveness. They discuss the impact on the euro, on jobs in export-dependent economies like Germany, and on the ECB's inflation outlook. With the trade-weighted dollar index at 118.9 and the euro flat at 1.17, the old assumptions about Europe's export machine need updating. Is…
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