The bank that has Ukraine’s back, retail therapy at Forum Marbella and the perfect patio chair.
Thursday 10/7/25
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Good morning from Midori House. For more news and views, tune in to Monocle Radio or visit monocle.com. Here’s what’s coming up in today’s Monocle Minute:
THE OPINION: Learning from Marseille’s wildfires AFFAIRS: The bank that has Ukraine’s back FROM MONOCLE.COM: Retail therapy at Forum Marbella DAILY TREAT: The perfect patio chair
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As wildfires intensify across Europe, France rises to the challenge
By Mary Fitzgerald
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Here in Marseille, we’re usually grateful for the cooling breeze that blows in from across the Mediterranean. However, this week the wind fanned a wildfire burning on the city’s hinterland. The blaze was soon at the gates of France’s second city and led to emergency evacuations, damage to scores of homes, the airport’s closure and the disruption of rail connections to Paris. On Tuesday lunchtime in my quartier in central Marseille, the sun suddenly turned an incensed orange as billowing clouds of smoke rose from the city’s northern flank. My throat grew scratchy and my eyes began watering. Local authorities later advised residents to stay indoors and keep all windows closed.
Many of us who live in the south of France have been factoring the risk of wildfires into our summer plans for some time now. Rising temperatures and more frequent heatwaves are key factors but the French authorities note that human activity is by far the most common trigger of such infernos. Government figures suggest that 90 per cent of blazes in the country are caused by negligence. The interior minister, Bruno Retailleau, repeated this sobering statistic when he arrived in Marseille this week, warning the public of a “high-risk” summer.
Marseille burning: A firefighter inspects a scorched area on the city’s outskirts
Two years ago, while reporting for Monocle, I gained some insight into how the increasing frequency – and ferocity – of wildfires is spurring France to action. In Velaux, a village about 35km from Marseille, thousands of firefighters have been trained at a special facility for learning how to tackle forest fires. The centre features a unique simulation site dotted with tree-like metal structures that erupt in gas-powered flames. “In the Mediterranean region, we have been confronted by such fires for a long time but the season is getting earlier and earlier every year,” Jean-Luc Beccari, the director of the Departmental Fire and Rescue Service of Bouches-du-Rhône, told Monocle. But the longer-term trajectory in France and elsewhere in Europe looks ominous: a UN report projects that wildfires on the continent will increase by 30 per cent by 2050.
Through the flames: Firefighting school in Velaux
While France is trying to persuade more people to sign up as volunteer firefighters – some estimates predict that a further 50,000 will be required by 2027 – it’s also trying to tackle the issue with legislation. In 2023, French parliamentarians voted to outlaw smoking in all forests and woodlands during periods of elevated risk. That ban built on an existing law forbidding the lighting of fires within 200 metres of wooded areas. Staff members in Velaux told me that their wildfire simulation site was the only one of its kind in Europe. They’re keen to share lessons with other nations across the continent experiencing an uptick in wildfires. In countries from Spain to Greece, towns and governments can learn from France’s focus on raising public awareness, investing in specialised training centres and encouraging recruitment and volunteering. As Beccari put it, “This is a collective challenge that affects us all.”
Fitzgerald is Monocle’s North Africa correspondent. For more opinion, analysis and insight, subscribe to Monocle today.
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The university of warwick MONOCLE
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affairs: Ukraine
Meet the bank that has been backing Ukraine from the start
As Ukraine grinds through yet another summer under siege, its president, Volodymyr Zelensky, is in Rome for an annual summit that aims to help his country to rebuild and recover (writes Chris Cermak). While support continues to come from Western allies, there is a growing push to bring in the private sector. “For a bank, investing in a warzone is a big challenge,” says Odile Renaud-Basso, the president of the European Bank for Reconstruction and Development (EBRD), which has loaned more than €7bn to Ukraine since Russia’s full-scale invasion in 2022.
Undefeated: Ukrainian authorities restore residential buildings in Kyiv
To keep private investors involved in the country, the EBRD is taking on about 50 per cent of the risk for loans to Ukrainian companies. “It’s amazing to see private businesses continuing to invest in the country,” says Renaud-Basso. Founded after the Cold War to help reconstruct post-Soviet states, the bank supports a range of firms working in Ukraine, from small companies rebuilding infrastructure to a consortium led by French company NJJ that’s getting national telecommunications back online.
Tune in to the full ‘Big Interview’ with Renaud-Basso on Monocle Radio.
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How luxury shopping destination Forum Marbella is redefining the resort city
Marbella’s Golden Mile, an avenue stretching along the Costa del Sol, is home to some of Spain’s most opulent properties (writes Julia Webster Ayuso). Here, you’ll find spacious villas dotted among five-star hotels, designer shops and a constellation of Michelin-starred restaurants. But the Brendmoes, the Norwegian family behind the Antima Group, felt that something was missing. Siblings Sivert, Sander and Synne are driving the property developer’s latest project: Forum Marbella, a three-storey shopping-and-dining destination between Marbella’s Old Town and Puerto Banús.
Spot of shopping? Forum Marbella is the place for it on the Costa del Sol
What’s in store? Everything from retail to relaxation
Over the years, the Brendmoes have seen Marbella evolve from a holiday destination into a place where more people are choosing to put down roots. In Forum Marbella’s Andalusian-style courtyard, Spanish, English and Swedish conversations are discernible amid bustling bistro tables. “We wanted this place to feel as though it had always been part of the city,” says Sivert. “It’s a place where residents can feel at home, whatever their nationality.” What’s the formula for creating a space that goes beyond shopping, food and drink? Click here to read on.
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• • • • • DAILY TREAT • • • • •
A patio-perfect seat for the summer
It’s the season of get-togethers and impromptu gatherings on balconies, porches and patios – so be prepared for when extra guests drop by with a stackable outdoor set that will see you through many summers to come.
Designer Pauline Deltour teamed up with French furniture brand Tolix for this summery Patio Slatted Armchair, with its sturdy silhouette and fretted backrest that provides comfort for those long, lingering dinners. We like the moss-green version, which evokes a tended lawn and has a dash of French élan. tolix.com
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Monocle Radio: THE entrepreneurs
France special: Best in sunny reads, surf and skincare
We head to the southwest coast of France to meet two surfers-turned entrepreneurs. Plus: Fernando Augusto Pacheco shares his top beach read and we get summer skincare tips from world-renowned aesthetician Sophie Carbonari.
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