Europe’s heat crisis is pushing its economy to the brink
Low river levels have halted shipping, cut nuclear and hydro output and pushed insurers to warn of higher premiums as heat-related losses mount.
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3 Articles
Extreme heat puts €800bn hole in Europe’s economy — as Germany, France and Italy bear the brunt
Extreme heat is becoming a major threat to Europe’s economy, disrupting industries that rely on outdoor work and exposing gaps in worker protection. “Excessive heat is a major risk for health and the economy in Europe, and it has significant macroeconomic and even fiscal implications,” Hans Martin Füssel, climate adaptation expert at the European Environment Agency (EEA), told EUobserver. As wildfires continue to devastate parts of France and S…
Extreme heat poses a serious threat to the European economy, disrupting sectors dependent on outdoor work and exposing gaps in worker protection systems, the EUobserver portal wrote on Thursday, according to which the total damage could reach up to 800 billion euros. TASS reports. “...
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