The two earthquakes that hit the New Zealand city of Christchurch are likely to result in an economic cost of about NZ$20 billion ($15 billion), Prime Minister John Key said on Monday.
The first earthquake, which struck on Sept. 4 and resulted in no fatalaties, is likely to have a final cost at about NZ$5 billion while the Feb. 22 quake is likely to be as much as three times the cost.
"At this stage the likely combined cost of the two earthquakes is in the order of NZ$20 billion," Key told a media briefing.
Read More
http://www.reuters.com/article/2011/02/28/newzealand-quake-idUSWLF00505620110228
No comments:
Post a Comment