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Home Energy

Energy costs perpetuate eurozone trade deficit streak

Newsroom by Newsroom
August 16, 2022
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Besides higher natural gas prices tied to the Russia-Ukraine war, EU nations are also facing a drought that economists say will increase the cost of meat, milk and cheese for their residents.

(CN) — Driven by its rising energy costs, the eurozone saw another trade deficit in June, the eighth straight month its imports outpaced its exports, according to European Union data released Tuesday.

The economies of the eurozone’s 19 nations…



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