Wednesday

31st May 2023

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EU ministers discuss summer tourism 'corridors'

EU tourism ministers on Monday discussed the need for common rules and protocols, referred to as "corridors", to make summer travel secure under the coronavirus pandemic, if border controls are to be lifted. Ministers did not discuss possible measures in detail - that will happen once the EU Commission unveils its proposals, possibly this week or next week, a spokesperson familiar with the discussion 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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