Key findings
- Not everyone shares this assessment. Some analysts contend that the risks have been overstated and that markets have already priced in most...
- Local communities, meanwhile, are adapting in ways that rarely make headlines. Municipal authorities, civil-society groups and private firms...
- The legal framework has struggled to keep pace. Existing rules were designed for a different era and leave significant grey areas, particula...
- Looking ahead, three indicators will be worth watching closely: the trajectory of public spending commitments, the cohesion of the regional...
Summary
None of this means that a negative outcome is inevitable. But it does suggest that the window for preventive action is narrowing, and that decisions taken in the next six to twelve months will shape the landscape for much of the coming decade.