Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Sunniest Cities in Europe

In this article, we will take a look at the 15 sunniest cities in Europe. If you would like to skip our discussion on the impact of climate change on the European economy, you can go to the 5 Sunniest Cities in Europe.

The devastating effects of climate change and global warming were felt within Europe during the summer of 2023. Deadly floods in Greece, wildfires in Tenerife, and extreme heat in Southern Italy were all witnessed during that time. Climate change is also affecting the travel industry in Europe. A survey by the European Travel Commission revealed that 14% of the respondents found extreme weather events to be a primary concern, marking an increase from the 7% reported in a previous survey. This is especially concerning since the travel and tourism industry accounts for 10% of Europe’s Gross Domestic Product (GDP). Europe is home to some of the most visited destinations in the world. In fact, the continent accounts for 51% of all international arrivals as of 2019.

According to a study conducted by the Joint Research Center, climate change has the potential to shift tourism patterns within Europe. The projections within the study show that a rise in temperature by 3°C or 4°C will lead to a reduction in tourists by approximately 10% for the southern coastal regions, which include the sunniest countries in Europe. On the other hand, northern coastal regions will witness an increase of 5% in the aforementioned scenario. The study showed that the highest gains (more than 5%) should be witnessed by Germany, Finland, Denmark, France, Ireland, the UK, Sweden, and the Netherlands. On the flip side, Cyprus, Greece, Spain, Italy, and Portugal shall experience the highest losses above 5% if temperatures rise.

Apart from the coasts and sunniest places in Europe, winter sports, Europe’s iconic mountain ranges, and ski resorts would also have to face the effects of climatic change. Half of the ski resorts in Europe are at high risk of snow scarcity by 2100 if temperatures rise by 2°C, while 98% of the ski resorts will face the risk if the temperatures rise by 4°C. This threatens the winter sports industry, which generates about 10 billion euros per year and employs 1.5 million people annually across the continent during an average season. Cultural heritage, a cornerstone of European tourism, is also under threat.

Rising sea levels and coastal erosion endanger historical sites and landmarks. In Venice, Italy, iconic structures like St. Mark’s Square are experiencing more frequent flooding events due to rising sea levels, with the city estimated to be completely underwater by 2100 if no action is taken. Thus, climate change not only damages the cultural heritage of Europe but also endangers a major attraction for tourists. Travel-related companies like Airbnb Inc (NASDAQ:ABNB), Expedia Group Inc (NASDAQ:EXPE), and Marriott International Inc (NASDAQ:MAR) stand to be significantly impacted by such changes.

Hence, there is a need for more sustainable and green practices within Europe’s travel industry. Embracing sustainable practices like reducing energy and water consumption in hotels by 20% by 2030 (as set by the EU’s Green Deal) and promoting eco-friendly transportation options like electric vehicles can significantly reduce the industry’s environmental footprint. Responsible waste management, such as reducing single-use plastics by 50% by 2025 (as outlined in the EU’s Single-Use Plastics Directive) and promoting responsible tourism practices among travelers, can further contribute to a more sustainable future.

Torgado/Shutterstock.com

Our Methodology

For our list of 15 sunniest cities in Europe, we have ranked the cities in terms of average annual sunshine duration. This widely utilized measure effectively indicates the level of sunlight in a given location. The average annual sunshine duration is calculated by adding up the monthly average sunshine hours for each place. The data has been sourced from data.world. The 15 sunniest cities in Europe have been ranked in ascending order of the average annual sunshine hours.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

15 Sunniest Cities in Europe

15. Istanbul, Turkey

Average Annual Sunshine Hours: 2218

Istanbul has a transitional Mediterranean climate characterized by cold winters and hot, humid, and sunny summers. Although the city does not witness a lot of sunshine during the winters, its summers are quite sunny. The location of Istanbul, particularly the city being near the black sea and humid Balkan peninsula, has a great impact on its weather. July is the sunniest month in Istanbul. During this month, sunny weather is witnessed 69% of the time, on average.

14. Skopje, North Macedonia

Average Annual Sunshine Hours: 2339

Skopje, North Macedonia’s capital and biggest city, experiences mostly clear and warm summers as well as cold, snowy, and partly cloudy winters due to its marine west coast climate. The weather is usually sunny during the summer but not during the winter. The sunniest month in Skopje is August, when the sun shines 71% of the time, or 318 hours on average. However, the city also has its fair share of rainfall every year, including rainy periods in the typically arid months.

13. Rome, Italy

Average Annual Sunshine Hours: 2473

With its predominant Mediterranean climate and slight elements of continental climate, Rome experiences mild, wet winters and hot, dry summers. The city experiences this sort of climate due to its location on the Mediterranean Sea. This ancient city receives good sunshine throughout the year, especially during spring and summer. July is the sunniest month in Rome, with an average of 332 hours of sunshine. However, it is not so sunny in Rome during the winters, which are often gray and cloudy.

12. Yerevan, Armenia

Average Annual Sunshine Hours: 2473

The capital city of Armenia, Yerevan, has hot summers and cold winters, with temperatures falling below freezing point. It is located at the lowest altitude in the country. Due to its altitude, Yerevan has a dry continental climate, which is responsible for the hot summers. July is the sunniest month in the city. Around 353 hours of sunshine, on average, are witnessed during July in Yerevan. However, during the winter, the sun does not shine often.

11. Podgorica, Montenegro

Average Annual Sunshine Hours: 2481

The climate of Podgorica, the largest and capital city of Montenegro, can be categorized as transitional Mediterranean as it is a blend between a humid subtropical climate and a hot Mediterranean climate. The city experiences four distinct seasons. The air in Podgorica is humid throughout the year. The winter is mild, with sunny and rainy days. On the other hand, summer is hot and sunny. The sunniest month is July when the number of sunshine hours is 348.

10. Tirana, Albania

Average Annual Sunshine Hours: 2544

Tirana is Albania’s largest city. It is located near the Mediterranean Sea on the plain of Tirana, and it has a Mediterranean climate due to its geographic position. Tirana is one of the sunniest cities in Europe. It witnesses mild, rainy winters as well as hot, sunny summers. During the summers, the weather gets really hot as the city is not directly on the coast. July is the sunniest month in Tirana.

9. Barcelona, Spain

Average Annual Sunshine Hours: 2591

Barcelona is another European city with a Mediterranean climate. The city has mild winters and hot summers. The skies are mostly clear year-round, with decent sunshine during both winters and summers. July is the sunniest month in Barcelona, with 311 hours of sunshine. The city is a popular destination for many tourists, contributing to the operations of various travel-related companies such as Airbnb Inc (NASDAQ:ABNB), Expedia Group Inc (NASDAQ:EXPE), and Marriott International Inc (NASDAQ:MAR).

8. Madrid, Spain

Average Annual Sunshine Hours: 2769

Madrid is among the sunniest capital cities of Europe and one of the sunniest cities in Spain. It enjoys about 350 sunny days on a yearly basis. It has hot summers, but the humidity levels are not very high. Winters are mild and rainy in Madrid. Meanwhile, spring and autumn are pleasantly warm. With 350 hours of sunshine, July is Madrid’s sunniest month.

7. Lisbon, Portugal

Average Annual Sunshine Hours: 2806

The capital city of Portugal has a Mediterranean climate. Lisbon’s weather is mild year-round due to the city’s location in southwestern Europe and the influence of the ocean. During the summer, the weather is almost always sunny. However, alternating periods of cloudy and sunny weather can be seen in Lisbon during winter. It is sunnier in July than in other months, with 352 hours of sunshine.

6. Marseille, France

Average Annual Sunshine Hours: 2836

With more than 2800 hours of sunshine during the year, nearly 8 hours of sun on average in a day, and about 170 days of sunny weather, Marseille is the sunniest city in France. It has very few days of low sunshine. The weather is hot and mild during the summer, with occasional rain during autumn and winter due to the city’s Mediterranean climate.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…