LIVE German insured flood damage estimated at €2 billion

Torrential rains in Bavaria and Baden-Württemberg damaged homes, infrastructure and large swathes of farmland. Insurers said the damage could increase as floods in some areas have not fully subsided. Correspondents of «The Karelia Business» closely monitor the latest events around the world to provide you with the freshest and most up-to-date information. Don't miss the chance to stay informed about all the latest developments — subscribe to our news feed now!