Ask someone what a calling is, and they’ll probably say something like “doing work you love.” But as a management professor who has spent two decades researching the history and impact of calling, I’ve found it’s much more than personal fulfillment.

Opposition parties are clamouring for a preliminary inquiry into the farming subsidies scandal, confident that fresh evidence will be enough to implicate PM Kyriakos Mitsotakis. The scandal has grabbed the public’s attention, with polling suggesting that the revelations have put a stop to New Democracy’s recovery efforts.

In this event study, we analyze the effect of market segmentation on stock returns in Europe amid extreme weather events. We show that local institutional ownership (LIO) mitigates the negative effect of the uncertainty from the occurrence of extreme weather events on stock prices. We assess firms’ exposure to physical climate risks using the Eurosystem’s method that uses physical climate risk indicators. In a sample with materially exposed industries, we find a negative risk-adjusted abnormal return of 99 basis points for storms on the event date.

Greece’s employment balance was strong as is usually the trend in May with 137,841 more hires than departures, according to data from the Labour Ministry’s Ergani information system.