Water stress is a major and growing concern in Europe

About 30 % of Europe’s population is affected by water stress during an average year. The situation is expected to worsen as climate change is increasing the frequency, magnitude, and impact of droughts. A European Environment Agency (EEA) assessment, published today, presents the current state of water stress in Europe with the aim to put […]

Monetary developments in the euro area: September 2021

Annual growth rate of broad monetary aggregate M3 decreased to 7.4% in September 2021 from 7.9% in August Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, stood at 11.0% in September, unchanged from previous month Annual growth rate of adjusted loans to households stood at 4.1% in September, compared with 4.2% in August […]

EU achieves 20-20-20 climate targets, 55 % emissions cut by 2030 reachable with more efforts and policies

The European Union (EU) achieved its three main climate and energy targets by 2020, according to a new European Environment Agency (EEA) assessment, published today. The 2030 target of a 55 % reduction in net greenhouse gas emissions can be reached if additional efforts are made and new policies are adopted and implemented.