Volcano in Iceland: Europe has lost billions

The price of icelandic volcano

In brief: Volcano in Iceland is one of the most expensive disasters in the world history.

Volcano in Iceland too paid dearly for Europe and worldwide. European Commission President Manuel Barroso has ordered the establishment of the group, which will assess the implications of the situation of air travel for the economy of the EU.

According to Barroso, all the measures to be taken by EU countries to improve the situation, must necessarily be coordinated, reports Reuters. Responsible for this set of actions and decisions, he was appointed European Commissioner for Transport Siim Kallas. On Monday, has to pass emergency meeting or a video conference of transport ministers of the European Union. The format of the meeting to be determined: the organization of events makes it difficult to ban flights over most of the continent.

Ukrainian Globalist
2010-04-18 14:04, Economics.

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