Wednesday, January 18, 2006

IT'S NOT ONLY THE BLOOD, horrible as it is:
The Basque Country has lost more than €8.8 billion in gross domestic product over the last 30 years, 21.3% of its total GDP, according to a study by economics professor Mikel Buesa for the Industrial and Financial Analysis Institute. The loss of business is due to the effect of terrorist violence on the expectations of investors, which reduces investment below its potential level. Also, ETA terrorism has caused some companies to move out of the Basque Country.

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