Economic damage from wildfires and extreme heat in Europe has exceeded €3 billion since the start of 2026, according to infohub.kz.

As the Financial Times found after analyzing the consequences of natural disasters, economic losses from wildfires and extreme heat in European countries have surpassed €3 billion since the beginning of 2026. A translation of the article is provided by RIA Novosti.

"Wildfires and heatwaves that have hit France, Spain, and other parts of Europe have already cost more than €3 billion this year," the publication writes.

According to Financial Times estimates, in the first two months of the fire season, flames have destroyed nearly 500,000 hectares. For just the five most affected eurozone countries, the damage is estimated at €3.1 billion.

The newspaper emphasizes that the final toll could be significantly higher. "Damage to property, agriculture, and the tourism industry is still being calculated," the publication notes.

Among the hardest-hit countries are Spain, Portugal, France, Italy, and Greece.

Earlier, French President Emmanuel Macron said the country has faced the largest number of wildfires since the end of World War II.

Previously, we reported that large-scale fires have engulfed France and Spain. A forest fire claimed 12 lives in Spain. French President Emmanuel Macron appealed to other heads of state for help. Earlier, we reported that French authorities ordered the full evacuation of people from Cape Ferret on the country's southwestern coast. Tens of thousands of residents and tourists are in danger.