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A well-designed digital euro would avoid risks for financial stability and banks’ profitability
A proper design matters. Models suggest that introducing a cap on digital euro holdings would preserve financial stability, banks’ profitability, and produce small changes in the response of the economy to macroeconomic shocks.

Preserving citizens’ economic well-being: evaluating risks and policy solutions for climate change, digitalisation, and biodiversity loss financial-related threats
By researching and anticipating financial risks, a team of few scientists assesses the financial challenges posed by climate change, digitalization and biodiversity loss. Today, we spoke with them to learn more about their research.

Future EU power systems: renewables’ integration to require up to 7 times larger flexibility
More renewables feeding into the EU’s electricity system will put power system operations under pressure and may cause prices to fluctuate heavily. Flexibility solutions are the answer.

Unfavourable start to the season for spring cereals
According to the June 2023 issue of the JRC MARS Bulletin – Global Outlook on Kazakhstan, early growth of spring cereals has been below average due to sparse rainfall.

Likely High production in the south; negative outlook towards the east
According to the June 2023 issue of the JRC MARS Bulletin – Global Outlook on Russia, favourable weather conditions in large parts of European Russia sustain a positive yield outlook for winter cereals at national level.

Residential heating: heat pumps would knock down energy consumption and emissions
Replacing about a third of EU’s 86 million residential fossil fuel boilers with heat pumps could cut those households’ final energy consumption by 36% and their CO2 emissions by 28%.
Difficult start to summer negatively affects yield outlook
According to the June 2023 issue of the JRC MARS Bulletin - Crop monitoring in Europe, the weather observed during the review period (1 May to 12 June) was once again marked by strong contrasts, with negative impacts on crop yield expectations in several regions.

Severe drought: western Mediterranean faces low river flows and crop yields earlier than ever
A severe drought has reduced soil moisture and river flows, and stunting plants and crops during their crucial growing season

High winter crops production expected
According to the June 2023 issue of the JRC MARS Bulletin – Global Outlook on Ukraine, favourable weather conditions continued during spring, and sustained a positive yield outlook for winter crops in most regions.

Soil microbial diversity at European scale: a first assessment
High biodiversity in perturbated soil could indicate more pathogens, rather than better functioning ecosystem.