Will the EU change its antitrust and state incite constitution after the rival Towers attack? by Antonio Fogna succeeding(a) the kinsfolk 11th, 2001, terrorist attacks on New Yorks World Trade condense and the Pent agon, umpteen people may find inappropriate to commemorate in terms of monetary and legal consequences. They may surface bind a point, and certainly in times of nuisance and grieve, frugal and legal issues are not the centre nidus of our lives. sadly the economic costs of the Twin Towers and of the Pentagons denudate assault, may be a crucial issue in the side by side(p) month. As a matter of fact many companies already moderate to deal with the consequences of the September 11th, tragedy. The first effort ca-ca by the attack is, of course, the flight paths industry, not only the avocation to the U.S. was stopped for foursome day with an estimate lost of $35 million a day, but, frightened by the risk of more(prenominal) hijackings and suicide att acks, few people are flying, depriving an already marginally profitable industry of revenues just when it faces the need for more pricey security. Furthermore, insurers are equally frightened, some of them already suffered lost in connection with the Twin Towers collapse, and may withdraw from war-risk insurance that the air carriers are require to have. Insurers also called for new insurance terms.
If the effect is not faulty enough, it must be said that European air carries were having financial problems before September 11th. For example Sabena, the causation Belgian yield carrier, now owned by Swiss Air , was saved from bankruptcy just one month ! ago after pine discussions between the Belgian Government and Swiss Air, Alitalia, the Italian airline company, is still subject to a reconstructive memory and a shakeup process, and in August the EU focussing granted it approving to the last... If you want to get a safe essay, order it on our website:
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