Submitted by freenet on Thu, 29/04/2010 - 23:56
CHANNELS:
Brussels - The ash cloud resulting from a volcanic eruption has caused economic damages of 1 billion euros ($1.32 billion) to the European tourism industry.
"The first estimates for the losses incurred by the tourism sector almost reach the one billion euro mark," said Antonio Tajani, vice president of the European Commission, on Thursday.
Tajani, who is responsible for industry and entrepreneurship, was speaking after an ad-hoc video conference with tourism ministers of European Union (EU) member states.
The video conference was designed for an exchange of views on the impact of the volcanic ash situation on the European tourism industry, in particular on the accommodation and the tour operators and travel agents sectors.
Europe was hit last week by an unprecedented crisis with the closure of airspace due to the volcanic eruption in Iceland leading to more than 100000 canceled flights and more than 10 million passengers unable to travel.
The commission estimated on Tuesday that the volcanic ash crisis has caused economic damages between 1.5 and 2.5 billion euros (2 and 3.3 billion U.S. dollars) to European air industry.
It proposed a set of measures to help airlines, including state aid. - BuaNews-Xinhua