Thursday

1st Jun 2023

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Hungary to press charges against Norway-funded NGO

Hungary's government said Wednesday it had found "irregularities" in 61 of 63 Norway funded NGO projects and will press charges against the Budapest-based Okotars Alapitvany in charge of distributing Norwegian grants. The foundation, which promotes environmental awareness among civil society, denied the accusations.

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ECB: eurozone home prices could see 'disorderly' fall

The European Central Bank in its Financial Stability Review warned EU home prices could see a 'disorderly' fall as high mortgage rates are making houses unaffordable for households and unattractive for investors.

Adapting to Southern Europe's 'new normal' — from droughts to floods

Extreme weather events in recent months have worsened agricultural production in southern Europe, prompting concerns for authorities in Portugal, Spain, France and Italy. As countries will likely face dryer conditions, experts urge adaptation measures for the 'new normal'.

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