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AIR estimates winter storm will cost up to €3bn

A man with an umbrella sheltering from a thunderstorm

Winter storm Xynthia, which hammered mainland Europe over the weekend, will cost up to €3bn, modelling agency AIR has said.

The winter storm hit Germany, France, Belgium, Portugal, Spain, the Netherlands and Spain, claiming 62 lives.

“Xynthia brought with it a potent combination of hurricane-force gusts and torrential

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