EconomyEuropean economy lost €113 bln this year due to summer heat — research
Europe’s anomalously hot summer reduced total production by €113 billion this year, Allianz said, citing its Climate Risk Tracker study. Italy suffered the largest loss at €28 billion, followed by Germany at €25 billion, while France’s projected GDP decline is €20 billion. The losses reflect lower productivity, work stoppages and missed workdays.
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TASS★★★★☆2026-09-24 15:01Original
European economy lost €113 bln this year due to summer heat — research