Thursday

1st Jun 2023

Ticker

Mogherini: Balkans becoming geopolitical 'chessboard'

EU foreign relations chief Federica Mogherini said in Brussels on Monday that the Western Balkans risked becoming a "chessboard" for geopolitical struggles between Russia and the West. She also said regional "inter-ethnic" tensions were becoming increasingly "dangerous", but added that young people and civil society in the Balkans showed a "pro-European energy" that could help the EU fight euroscepticism if Balkan countries joined the European Union in future.

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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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