Thursday

1st Jun 2023

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France hits EU record in Covid infection numbers

France announced on Wednesday that the number of Covid infection cases had now soared to 208,000 cases, being a record number in Europe for the second day in a row, France24 reports. "I wouldn't call Omicron a wave anymore, I would call it a groundswell," French health minister Olivier Véran told lawmakers. "Given the numbers we have been seeing these past few days, we're talking about a landslide," he added.

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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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