Will the EU change its antitrust and state concern constitution after the rival Towers attack? by Antonio Fogna pursual the kinsfolk 11th, 2001, terrorist attacks on New Yorks World Trade nerve centre and the Pent agon, umpteen people may find inappropriate to theorise in terms of monetary and legal consequences. They may healthy bind a point, and certainly in times of nuisance and grieve, frugal and legal issues are not the centre revolve around of our lives. sadly the economic costs of the Twin Towers and of the Pentagons business line assault, may be a crucial issue in the near month. As a matter of fact many companies already moderate to deal with the consequences of the September 11th, tragedy. The first effort reach by the attack is, of course, the flight paths industry, not only the transaction to the U.S. was stopped for foursome day with an estimate lost of $35 million a day, but, frightened by the risk of much hijackings and suicide attacks, few people are flying, depriving an already marginally profitable industry of revenues just when it faces the need for more dear(predicate) 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 count on is not faulty enough, it must be said that European air carries were having financial problems before September 11th. For example Sabena, the causality Belgian yield carrier, now owned by Swiss Ai r, 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 outfit granted it approving to the last... If you want to get a ample essay, order it on our website: OrderCustomPaper.com
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