The topic came out of Austria today....some worry shaping up over ski resort closures....no German/French guests coming, and a ton of money simply missing from local efforts.
So the Austrians would like for the EU to make up for the losses. How much? The chatter is that 800-million Euro a week would typically be spent from the last of December to mid-March.
The odds that the EU would 'gift' them for 6-odd-billion Euro? Zero. If they gave money over to the Austrians, then the Italians, French, Dutch, and so on.....would have the same demand.
A severe pain for these resorts in the Alps? No doubt. Financial crisis discussions will start up in the spring and make for a top three type issue.
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