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Europe's Heatwave Is Becoming an Economic Crisis

Europe's Heatwave Is Becoming an Economic Crisis

Published 1 month, 3 weeks ago
Description

Extreme heat is no longer just an environmental challenge. It is becoming a growing economic risk across Europe. New research suggests repeated heatwaves could shave up to 7% off GDP in the continent's most exposed economies by the end of the decade, as productivity falls, healthcare costs rise, and governments face mounting fiscal pressures. Is Europe adapting quickly enough, or is climate change becoming one of its biggest economic vulnerabilities?

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