British News Agency

According to CCTV, a report published by the Italian Confederation of Business, Tourism and Services indicates that persistently high temperatures could result in annual losses of between €6 billion and €12 billion for the Italian economy.

The report states that if Italy experiences extreme heat for 30 to 60 days each year, businesses will face serious pressure from rising energy costs, declining labor productivity, and lower revenues.

It also emphasizes that extreme temperatures will alter residents' consumption and tourism habits, dealing an even greater blow to the country's trade and tourism sectors.