if you vejustjoined us, a very warm welcome to the programme, and it is very warm. as you ve been hearing, much of europe is grappling with an extreme heatwave with devastating wildfires impacting many parts of the region. the european commission is warning nearly half of european union territory is now at risk of drought. so, what impact is this having on farming? well, some farmers have radically changed their work practices, for example, working at night to minimise the risk of a spark from harvesting equipment starting a fire that could destroy crops. but despite their efforts, thousands of hectares of land has gone up in smoke. so what will this mean for what we buy in the supermarkets is this another reason why prices could go up when we shop for essentials? philippe binard is general delegate, freshfel europe, european fresh produce association. good morning to you. to tell us how the wildfires across europe are impacting the farmers. goad are impacting the farmers.
more aggressively to raise interest rates in order to sort of be able to bring the inflation rate back towards their target level, which is 2%. their target level, which is 296. ., ., ., ,, , 296. you say more aggressively. man are 296. you say more aggressively. many are saying 296. you say more aggressively. many are saying they 296. you say more aggressively. many are saying they haven t i many are saying they haven t acted aggressively enough. they waited too long in fact to raise the cost of borrowing and now for some countries in the eurozone it is too late.- eurozone it is too late. that is right- eurozone it is too late. that is right- they eurozone it is too late. that is right. they want, - eurozone it is too late. that is right. they want, the - eurozone it is too late. that| is right. they want, the only major central banks that haven t really started tightening monetary policy aggressively. if we have a look, in the us we have the federal reserve raised interest ra