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This is how the drought will impact the European economy

La actual histórica sequía en Europa amenaza con un impacto económico de hasta 180.000 millones de euros. La escasez de agua paraliza reactores nucleares y marchita cosechas en el continente. Leer

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This is how the drought will impact the European economy

Europe's largest port, Rotterdam, is feeling the effects of the continent's severe drought, with cargo ships only able to carry 30% of their capacity to avoid running aground on the reduced water level of the Rhine river. This has resulted in operators having to pay for around 100 extra vessels per week. The drought's impact is estimated to be at least €50,000 million, with the total cost of this summer's heatwave potentially reaching €180,000 million.

The crisis has raised concerns about Europe's ability to support the growth of data centers, which rely on water for cooling, amidst water shortages affecting tens of millions of people.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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