Thursday

1st Jun 2023

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Germany bans travel from Russia due to Delta variant

Germany has banned most travel from Russia due to the spread of mutated coronavirus strains there, the German Embassy in Moscow announced, The Moscow Times writes. The announcement came as Russia reported its highest number of coronavirus deaths since the beginning of the pandemic amid a third wave fuelled by the highly contagious Delta variant. Germany last week added Russia to its list of countries where coronavirus mutations are spreading.

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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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