1st Jun 2023


SPD's Scholz wins second German election debate

The Social Democrat (SPD) candidate to become Germany's next chancellor beat his conservative rival in a primetime TV debate, a poll showed, further boosting his campaign, Reuters writes. A snap poll for ARD television taken soon after the 90-minute debate showed that 41 percent of those asked thought Scholz was the most convincing performer, compared to 27 percent for Laschet and 25 percent for the Greens candidate, Annalena Baerbock.

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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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