The forecast anticipates intense deficits to occur in the Balkans, continuing north throughout most eastern European countries into portions of the Baltics. Much of southern Norway, Finland, and Ireland can expect intense surplus.
Europe: Deficits intensify in Eastern Europe
The 12-month forecast ending in May 2024 anticipates that while many regions of European countries will observe near-normal conditions, much of eastern European countries can expect deficits ranging from moderate to extreme intensity. Small areas of surplus are also expected to occur in southern and northern Europe.