EK: this summer was the hottest on record

The summer of 2022 was Europe’s hottest on record as the continent succumbed to record temperatures and suffered its worst drought in centuries, the European Commission’s satellite monitoring service said Thursday. Scientists say heatwaves and droughts are becoming more frequent and severe due to climate change. The Copernicus Climate Change Service (C3S) said temperatures in […]

Fires and drought threaten the economy

Moody’s is sounding the alarm, warning that the effects of climate change, fires and droughts, will boost inflation and government spending, hurt tourism and slow economic growth, hurting the creditworthiness of countries most at risk like Greece. As the rating agency notes in its report, in recent weeks, high temperatures and drought in Europe have […]