Abstract:
Terrorism is currently one of the greatest global threats. It is significant even in comparison with classical war conflicts. A substantial part of the world has been hit or at least threatened by terrorism, particularly religious and political. Terrorist attacks, real or potential, affect the economy and influence both government expenditure and consumer behaviour. The aim of the paper is to draw attention to terrorist threat in relation to its economic impacts. It will also present a case study analysis focusing on the situation in Europe in the last thirteen years. There will be specified European governments' attitudes and cost ratio indicators, used in case of an attack in the EU countries.
