1st Jun 2023


Nordic leaders vow to deepen defence cooperation

Nordic leaders on Monday vowed to step up cooperation on defence. "Finland and Sweden applying for membership of Nato is a historic shift for Nordic security policy and co-operation on defence. It makes it possible to see Nordic cooperation on defence in a broader and more binding context," said Jonas Gahr Støre, prime minister of Norway when he received his colleagues from Sweden, Iceland, Finland, and Denmark.

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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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