In this paper we propose a novel approach in analysing the impact of changes in sovereign credit ratings on stock markets. We study the evolution of a segmented form of the stock market index for several crisis-hit countries, including both European and Asian markets. Such evolution is modelled...

This is the seventh u0093Forest Fires in Europeu0094 report published by the European Commission. The report is normally published in summer of the following year in order to allow the different countries to compile official statistics of the fire season regarding the total number of forest...