Unseasonably warm temperatures that have shattered records from Portugal and northern Spain to Scandinavia, the Baltics, and the former Yugoslavia.
Russian President Vladimir Putin plan to freeze European countries that opposed his war on Ukraine is wilting amid a warm winter on the continent.
The Hungarian capital of Budapest set an all-time record when the mercury hit 66 degrees on Christmas Eve. Parts of France saw temperatures climb into the upper 70s on New Year’s Eve. Meanwhile, the ongoing COVID lockdowns in China have managed to reduce competition for energy resources, somewhat blunting inflationary pressures on Europe.“The danger of a complete economic meltdown, a core meltdown of European industry, has — as far as we can see — been averted,” German Economy Minister Robert Habeck was quoted as saying during a recent trip to Norway.
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