Heatwaves and energy crunch: Can Europe withstand a double shock?

Europe is facing a dual challenge impacting its economy and energy security. Intense heatwaves are negatively affecting growth and productivity across the continent. Concurrently, the war in Iran is contributing to a significant increase in Europe's energy costs. These combined pressures raise questions about Europe's capacity to manage these simultaneous shocks. The article highlights the direct impact of extreme weather and geopolitical conflict on the region's economic performance and energy affordability.