A new protected area along the Danube proposed by WWF is declared

“Esetrite – Vetren” is the first protected territory aimed at the conservation of sturgeons in Bulgaria. Following a proposal by WWF, late last week, the Bulgarian Ministry of Environment and Water (MEW) declared a new protected area along the Danube River, Esetrite – Vetren. The area aims to protect an important habitat of critically endangered […]

ECB takes further steps to incorporate climate change into its monetary policy operations

ECB to account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management, in line with its climate action plan Measures aim to reduce financial risk related to climate change on the Eurosystem’s balance sheet, encourage transparency, and support the green transition of the economy Measures to be regularly reviewed […]

Global regulators agree on key principles on adapting vaccines to tackle virus variants

On 30 June, regulators from around the world discussed emerging evidence to support the adaptation of  COVID-19 vaccines as the SARS-COV-2 virus continues to evolve during a workshop co-chaired by the European Medicines Agency (EMA) and the US Food and Drug Administration (FDA) under the umbrella of the International Coalition of Medicines Regulatory Authorities (ICMRA). […]

Avian influenza: largest seasonal epidemic ever in Europe

Around 5,300 detections of highly pathogenic avian influenza (HPAI) virus were reported in poultry, captive and wild birds in 36 EU/EEA countries and the UK during the 2021-2022 epidemic season, according to EFSA’s latest overview of HPAI. This is the largest number of HPAI cases for an epidemic season ever reported. The persistence of HPAI (H5) virus in […]

The General Board of the European Systemic Risk Board held its 46th regular meeting on 23 June 2022

At its meeting on 23 June 2022, the General Board of the European Systemic Risk Board (ESRB) concluded that risks to financial stability have increased perceptibly since its last meeting. The General Board took note of the significant deterioration in global economic growth prospects owing to the sharp increase in energy, food and commodity prices, which […]

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 […]