This summer’s heatwaves, droughts, and floods are expected to cost the European economy more than €120 billion in the long term, according to a new study.
"It’s estimated that between June and August 2025, extreme weather events in these regions will cost the economy nearly €43 billion and €126 billion by 2029," Sehrish Usman from the University of Mannheim, the study's lead author, told RFI.
