RAND: Terror Has Cost EU Countries £160 Billion Since 2004
A study by the RAND Corporation has revealed that from 2004 to 2016, terrorism cost European Union countries £160 billion ($210bn) with France and the UK losing the most.
The report, which was prepared for the European Parliament, says that as a result of terrorist acts, the UK economy lost £38.6 billion ($51.1bn) following the 7/7 bombings in 2005, while France lost an estimated £38 billion ($50.3bn) within the same period that saw the 2015 Charlie Hebdo attacks and the Bataclan massacre later that same year, as well as a large number of other, smaller terror events.
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