From damaged roads to soaring power prices, scorching summer weather is exacting a heavy economic toll on the EU
Western Europe has been enduring another record-breaking heat wave, with temperatures topping 40C in several countries. France, the UK, Germany and Switzerland have all seen their hottest June temperatures on record, while the extreme weather has disrupted transport, power generation and industrial output.
The scorching temperatures are burning a multi-billion-euro hole in the EU’s already fragile economy. From parched fields to idle factories, the bloc is feeling the heat beyond what thermometers may indicate. Economists…
Read the full article at RT.COM
