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Driest July in memory imperils Europe’s crops
As much of Europe bakes in a third heatwave since June, fears are growing that extreme drought driven by climate change in the continent's breadbasket nations will dent stable crop yields and deepen the cost-of-living crisis.
Climate change drives Europe towards record fire year
The fires that have torched through Europe are on course to make 2022 a record year for forest loss on the continent, as scientists warn climate change is already contributing to ever fiercer blazes.
Nord Stream 1: Russian pipeline leaving Europe on edge
For over a decade, the Nord Stream 1 pipeline reliably shipped natural gas from Russia to Europe -- until the war in Ukraine sent tensions soaring.
Winners and losers of the ECB’s rate hike
The European Central Bank is set to turn the page on years of easy money when it begins to hike its interest rates to tame runaway inflation. Who wins and loses when borrowing costs go up?
ECB goes on offensive as inflation pressure mounts
The European Central Bank will raise its interest rates on Thursday for the first time in over a decade, but the bank is already under pressure to do more amid record inflation.
EU cuts growth forecasts as war-stoked inflation surges
The European Commission has slashed growth forecasts for the eurozone, saying the consequences from the war in Ukraine were continuing to destabilise the economy because of record high inflation
The consequences of the euro’s fall against the dollar
The euro fell below $1.01 this week to its lowest level in 20 years. Here are the concrete consequences of the decline in the value of the single European currency.
Ukraine reconstruction: what to expect from Lugano meet
Leaders from dozens of countries and international organisations will gather in Switzerland next week to discuss rebuilding Ukraine, with the aim of providing a "Marshall Plan" for the war-ravaged country
How long will it take to get over the inflation hump?
Inflation has surged back to levels not seen in many developed economies since the 1970s and 1980s. Economists and central bankers at the European Cental Bank's conference in Portugal warn it will take time before price rises cool.
Summer travel misery ahead as industry workers in revolt
A spiral of worker strikes in Europe's crucial aviation sector and cancelled flights at a time when millions of travellers are looking to escape for the summer, threaten the sector's tentative recovery