1st Jun 2023


Šefčovič: NI checks will be cut to 'a couple of lorries a day'

EU commissioner in charge of negotiations with the UK over Northern Ireland, Maroš Šefčovič, said that the Irish Sea trade border would be "invisible" under the EU's new plans, involving just "a couple of lorries" a day, The Guardian reported on Monday. He said that physical checks would only occur "when there is a reasonable suspicion of illegal trade smuggling, illegal drugs, dangerous toys or poisoned food".

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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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