Rising Energy Prices Could Fuel Social Unrest Across Europe This Winter
LONDON—Europe’s wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and mounting costs of living, according to a risk consultancy firm.
Both Germany and Norway are some of the developed economies experiencing disruptions to everyday life because of labor actions, a trend already seen in the United Kingdom, Verisk Maplecroft’s principal analyst Torbjorn Soltvedt told Reuters.
Verisk’s latest report on its civil unrest index found more than 50 percent of the almost 200 countries covered experienced an increase in mass mobilizations risk between the second and the third quarter of 2022, the largest quantity of nations since the firm released the index in 2016….