Monetary developments in the euro area: May 2022

Annual growth rate of broad monetary aggregate M3 decreased to 5.6% in May 2022 from 6.1% in April (revised from 6.0%) Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 7.8% in May from 8.2% in April Annual growth rate of adjusted loans to households stood at 4.6% in May, unchanged from […]

Many European schools and hospitals at risk from heat waves and floods: How to protect vulnerable groups from climate change?

Climate change affects all Europeans but vulnerable groups, such as the elderly, children, low-income groups and people with health problems or disabilities, are the most affected. One in ten European schools and hospitals may also be at flood risk and about half of those facilities in cities are within intense urban heat islands. A European […]