The first estimate for euro area (EA19) exports of goods to the rest of the world in July 2016 was €167.2 billion, a decrease of 10% compared with July 2015 (€185.4 bn). The first estimate for extra-EU28 exports of goods in July 2016 was €142.0 billion, down by 13% compared with
July 2015 (€162.3 bn). Source: Eurostat
Efforts to form a coalition government collapsed on Sunday after the Italian president rejected a eurosceptic pick for the key economy ministry, triggering a possible constitutional crisis and opening the prospect of fresh elections. Source Reuters
Saudi Crown Prince Mohammed bin Salman has ordered that no more government contracts be awarded to German companies, in a sign of continued irritation over Berlin’s foreign policy in the Middle East. Source Reuters
Serious clashes between residents at the migrant reception and processing center of Moria on the eastern Aegean island of Lesvos on Friday afternoon left six people injured. Source Ekhatimerini
