Tourism in European Union requires an estimated 375 billion euros to recover from the crisis generated by Covid-19 pandemic and to restore operations according to the European Travel Commission (ETC), Xinhua news agency reported after citing local media on Sunday.
"The European Union (EU) estimates are around 255 billion euros to help the Member States recover the industry, and around 120 billion euros more for extra investment to help entrepreneurs and operators to restore operations," ETC Executive Director Eduardo Santander said in an interview with Portuguese Lusa News Agency.
With European tourism stagnating, due to restrictive measures adopted by the member states