02/12/25 (Agence Europe) – A quarter of the euro area’s economic activity could be threatened in the event of a 100-year drought, according to a one-off study by the European Central Bank published on Tuesday 2 December. The European economy would be heavily exposed to the degradation of ecosystems – in particular the increasing scarcity of water, the decline in its quality and the weakening of natural protection against flooding. “Nature degradation and biodiversity loss threaten...