European economy hit by heatwaves
A study and reports from the British newspaper "The Guardian" indicate that the heatwaves experienced across Europe have caused significant economic losses, estimated at around 180 billion euros ($153 billion GBP), due to decreased productivity and threats to the energy, transportation, and agriculture sectors. Many European countries have been particularly affected; high temperatures have led to forest fires, the shutdown of nuclear power plants due to rising river temperatures, and reduced levels in major rivers like the Rhine, which threaten shipping and cargo movement. Additionally, the heatwaves have caused disruptions in power generation and losses in agricultural produce, especially in Italy and Spain, which have faced widespread forest fires and declines in agricultural output and economic growth. It is projected that the GDP could decrease by up to 1.4 percentage points in France, with possible economic contraction across Europe.
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