Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Eurozone Drought and the Hidden Cost of River Logistics
Extreme drought is disrupting Europe's river networks, with the Rhine at critically low levels and barge traffic curtailed. Lucas and Luna unpack the economic ripple effects: higher transport costs for manufacturers, delayed deliveries, and a drag on GDP growth that the latest eurozone data hints at. They reference the July jobs report and the strength of the euro, but focus on the structural vulnerability of a continent that moves goods on water. With spot rates for barges tripling in some stretches, the episode explains why this summer's dry spell is not just a weather story but a…
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