The Icelandic vulcano eruptions can hinder the economic recovery in Europe

By: trademagazin Date: 2010. 04. 21. 00:01

The European aviation experts say that the air limitation can be so long, that it can affect the economic growth this year, and the post-crisis recovery as well.

The current difficulties can cause a 5-10 billion USD damage per week in the European tourism. Similarly, the transport sector is also highly affected: about 40 percent of the global transport is carried by air nowadays. Its stopping can lead to significant damages of  trade relations, according to experts; at an enterprise level as well – reports profitline.hu.

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