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Heat Wave Scorching Italy and Greece Tests Grids, Sparks Alerts
Heat Wave Scorching Italy and Greece Tests Grids, Sparks Alerts

Bloomberg

time2 days ago

  • Climate
  • Bloomberg

Heat Wave Scorching Italy and Greece Tests Grids, Sparks Alerts

By , Paul Tugwell, and Alberto Brambilla Save Blistering heat is sweeping across southeast Europe this week, triggering weather alerts and stressing power grids. A high-pressure system is feeding in a stream of hot air from North Africa, where temperatures in Tunisia are forecast to reach 47C (117F) on Monday. Southern Italy faces high wildfire risks, while highs in Sicily are expected to hit 43C. The Italian island set Europe's current temperature record of 48.8C in 2021.

Live Q&A: Are Europe's Controversial Golden Visas Here to Stay?
Live Q&A: Are Europe's Controversial Golden Visas Here to Stay?

Bloomberg

time10-07-2025

  • Business
  • Bloomberg

Live Q&A: Are Europe's Controversial Golden Visas Here to Stay?

Charlie Wells Alice Kantor Golden visas allow wealthy foreigners to gain legal residence by making significant financial investments, often in property. Bloomberg's Charlie Wells speaks with Alice Kantor, Paul Tugwell and Joao Lima in a Live Q&A on Friday 11 July at 9am EDT. Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team questions in real-time. This conversation will be recorded and be made available to listen and share.

How Greece Evolved From Economic Outcast to Outperformer
How Greece Evolved From Economic Outcast to Outperformer

Bloomberg

time04-07-2025

  • Business
  • Bloomberg

How Greece Evolved From Economic Outcast to Outperformer

Ten years ago, Greece had already spent five years cut off from financial markets, its economy had lost a quarter of its output and society was enduring unprecedented austerity. Today, the nation is outperforming its euro-zone peers on several fronts, growing faster than the European average and achieving budget surpluses. Bloomberg's Paul Tugwell discusses how much changed in the last decade for Greece. (Source: Bloomberg)

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