In its report, "Politico" reported that the European business sector is seriously dealing with data that showed a record increase in EU imports compared to its exports, which experts attribute to rising energy prices.

The newspaper pointed out that the EU is facing an unprecedented trade deficit since the adoption of the euro as a currency.

According to the latest data from "Eurostat" the trade deficit of the eurozone with the rest of the world last August reached the level of 50.90 billion euros, which is the highest level ever. For comparison, just a year ago, the eurozone was experiencing a surplus of 2.8 billion euros.

"The trade deficit of the entire European Union has increased to 64.7 billion euros," POLITICO journalists noted.

Market participants attribute the high trade deficit to high energy prices, which reached a record level of 350 euros per megawatt hour in August 2022.

And despite the fact that now energy prices have dropped to the level of 150 euros, they are higher than last year's figures, all this makes the European business sector "nervous".

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