LONDON (Reuters) - Extreme floods like those swamping parts of Britain in recent months could become more frequent in Europe by 2050, more than quadrupling financial losses, if climate change worsens and more people live in vulnerable areas, research showed on Sunday.
The study said instances of very extreme floods, which now occur about once every 50 years, could shorten to about every 30 years, while cases of extreme damage now occurring once every 16 years could shorten to once every 10 years.
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