General · 16 August 2026

Europe's heatwaves could wipe €180bn off EU's economy

Economists at Dutch bank Triodos estimate the scorching summer heatwaves could cut the EU's GDP by €180 billion. France is expected to be among the worst-hit, potentially losing 1.4 percentage points from its GDP as nuclear power plants shut down. Germany's economy faces threats from low Rhine river levels, which are disrupting critical freight transport.

✓ Verified against the source · 60 words · 40 sec

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