1st Jun 2023


Poland blames EU for high domestic utility bills

Coal-producing Poland is telling consumers that high electricity bills are due to the European Union's climate policies, reports Bloomberg news. Invoices sent to households are informing people that the spike is due to rising prices on carbon. "This is manipulation," WWF Poland, an environmental NGO, was cited as saying by Bloomberg. "It threatens shifting the public opinion in Poland against the EU and its climate policies," it 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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