We have been discussing the impact of volcano eruptions on climate and agriculture, but there are other economic costs, as noted by other blogs. Claire Tucker, Know Your Money, sent this link showing the impact on the European airlines and the over all European economy. (Click for a larger image)
More graphics here.
Mother Nature does not really care about European economics, nor does she care that the amount of CO2 emitted in the last thirty days exceeds all that we humans have saved by driving hybrids and using LCF lights. And according to geologist in Iceland the worst is yet to come. It is foolish for we humans to think we can control the weather and long term climate trends. She is the lady in charge, Europe will have to adapt, starting with new economic models for business dependent on air travel.