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FINLAND

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Next generation

Next generation

Overpowered

FINLAND produced so much clean electricity on May 24 that the price was “slightly below zero,” energy provider Fingrid announced. The price drop was triggered by an abundance of renewable energy thanks to a new nuclear reactor while spring floods pushed up production at hydroelectric plants.

Ireland

Meta cutback

META, parent company of Facebook, Instagram and WhatsApp, announced that jobs are to be cut at its Irish headquarters. Inside sources revealed that the reductions, thought to number approximately 490, would affect several teams including finance, sales, marketing, analytics, operations, and engineering.

Italy

Bear appeal

MAURIZIO FUGATTI, governor of Trentino, is awaiting a court decision on his latest attempt to put down the bear believed to have fatally attacked and killed Andrea Papi. The 26-yearold runner’s parents oppose Fugatti’s reprisal, arguing that killing the young bear “will not give us back our son.”

Portugal

Law row

PORTUGAL’S president Marcelo Rebelo de Sousa signed a euthanasia and assisted suicide bill last week. The law is not yet in force and opposition from the medical and political establishments, including the president himself who is a practising Catholic, could make it difficult to put into practice.

Ukraine

Future plans

EUROPEAN companies are already earmarking locations and planning projects in Ukraine for reconstruction worth hundreds of billions of dollars. Most projects focus on restoring infrastructure damaged or destroyed since the Russian invasion, but also anticipate a wave of investment once fighting ends.

Sweden

Fewer homes

SWEDEN is experiencing its worst construction crisis since the 1990s, affecting young adults hoping to get a foot on the property ladder. Sweden’s Housing minister, Andreas Carlson, blamed the worsening conditions on external factors that were related to rising interest rates, inflation and increased energy prices.

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