Italy: Extreme heatwaves may cause 6-12 bln euros annual losses.

Shotlist Rome, Italy - June 23, 2026 (CCTV - No access Chinese mainland) 1. Various of streets, tourists taking photos 2. People getting water from fountain pool 3. Various of fountain, tourists sitting by fountain Milan, Italy - June 2026 (CCTV - No access Chinese mainland) 4. Various of traffic, cyclists, pedestrians Milan, Italy - June 2026 (CCTV - No access Chinese mainland) 5. Various of plaza, pedestrians in commercial street 6. Various of fountain, people in park Storyline The persistent high temperatures could cause economic losses of 6 to 12 billion euros annually to Italy, according to a report by the Italian Confederation of Business, Tourism and Services released on Saturday. According to the report, if Italy experiences 30 to 60 days​ of extreme high temperatures each year, enterprises will face multiple pressures including rising energy costs, declining labor productivity, and reduced turnover. The research also noted that extreme heat would also alter residents' consumption and tourism habits, dealing a further blow to sectors such as commerce and tourism.