Thursday

1st Jun 2023

Ticker

Zelensky signs application for Ukraine to join EU

Ukrainian president Volodomyr Zelensky, currently in Kyiv while leading his country's resistance to the Russian invasion, has been pictured on Twitter signing Ukraine's official bid to become an EU member state. EU Commission president Ursula von der Leyen said on Sunday: "They [Ukraine] are one of us and we want them in." Sandbags were visible in the photo, with Kyiv reportedly under aerial attack on Monday.

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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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