According to a research report released by Germany's Allianz Group on the 24th, the summer heatwave is expected to cause economic losses of about 25 billion euros to Germany. According to the report, due to the lack of cooling equipment such as air conditioning, the high temperature extended employees' rest time and increased absenteeism, leading to a decline in German productivity. Affected by the heatwave, Germany's economic growth rate fell by about 0.54 percentage points this year, and losses accounted for about 0.53% of the annual gross domestic product. The report also shows that under the influence of high temperatures this summer, 30 European countries lost a total of about 113 billion euros, which is equivalent to 0.46% of these countries' annual gross domestic product. Among them, Italy, Germany, and France lost the most.

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