The twin woes that are punishing the European economy — Drought and heat

Drought and heat: The twin woes that are punishing the European economy The Globe and Mail

The significance of this report depends on the decisions, official reactions or confirmation that follow. The current assessment is initially based on reporting by The Globe and Mail.

Readers should distinguish established facts from initial claims. Practical consequences will become clearer through responses from authorities, markets or independent sources.

Watch for official statements, independent confirmation of the key details and updates to the original report.