Wednesday

31st May 2023

Ticker

PM: Greece will 'shut door' to migrants without rights

Prime minister Kyriakos Mitsotakis told parliament on Friday that he approved the hiring of 400 guards at Greece's land border with Turkey and 800 more on its islands, to prevent the entry of migrants not entitled to stay in the country, Reuters writes. "We will permanently shut the door to illegal human traffickers, to those who want to enter although they are not entitled to asylum," Mitsotakis said.

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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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