Money and business
A collective decline in European stock indices at the end of trading
Close traded lower today, and increased by (0.68%) to reach (635.88) points.
It fell increased by 1.25%, reaching the level of (24,681.72) points.
European stock indices
The French CAC 40 index also recorded losses of (0.55%), reaching the level of (8,384.87) points. Allianz said that the record heat wave poses a structural economic threat.
Europe is most at risk
It explained that Europe is the region most at risk, while analysts indicate that Europe suffers from several vulnerabilities to natural disasters.
They stated that among them are: the aging of the population at a rapid pace, and high population density in urban centers with residential infrastructure that is not designed to withstand extreme temperatures.
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