Sunday, Apr 18, 2010
Wonder how much the probe is costing taxpayers?
Yahoo: EU probes economic fallout from travel chaos
Europe on Sunday ordered a probe into billions of euros potentially lost since an Icelandic volcano erupted, prompting the biggest airspace shutdown since World War II.
The head of the European Union's executive branch Jose Manuel Barroso tasked three of his top lieutenants with assessing the impact on the troubled airline industry -- pegged already at one billion euros (1.35 billion dollars) by one London analyst -- and wider costs to Europe's economy.
Posted by mark @ 04:05 PM (471 views) Add Comment
1 Comment
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1. alan said...
This crisis could save the European parliament a fortune on the profligate expenses claimed by Euro MEPs!