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Europe's €790 Billion Weather Crisis: Germany Hit Hardest

7/5/2025

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Summary

Story summary

Europe has endured a staggering €790 billion in economic losses due to extreme weather from 1980 to 2023, with Germany bearing the brunt at €180 billion. Devastating floods and heatwaves wreaked havoc, while Slovenia faced the highest per capita losses. Alarmingly, 16 EU nations report insurance coverage gaps exceeding 90%, leaving many vulnerable.

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Story summary

Europe has endured a staggering €790 billion in economic losses due to extreme weather from 1980 to 2023, with Germany bearing the brunt at €180 billion. Devastating floods and heatwaves wreaked havoc, while Slovenia faced the highest per capita losses. Alarmingly, 16 EU nations report insurance coverage gaps exceeding 90%, leaving many vulnerable.