Analysis | 2026/06/29 11:57
European economies suffer from heatwave
"Extreme heat is emerging as a structural economic risk, with Europe highly exposed," wrote the trade credit arm of European insurer Allianz as the continent swelters under its second heatwave of the year.Europe has a number of weaknesses: an ageing population, dense urban centres with many buildings not built for extreme heat, and just 19 percent of households with air conditioning comp...
