EconomyFive Ways the Hot Summer Is Hurting Europe’s Economy

Europe has endured five heat waves this summer. Persistent hot, dry conditions are fueling deadly wildfires, disrupting energy supplies, destroying crops and draining reservoirs and rivers. Triodos Bank estimates the fallout could wipe out nearly all of the EU’s expected 1.1% GDP growth this year.

Europe economyheat waveswildfiresenergy supply

BBloomberg News★★★★☆2026-08-15 01:00Original