Do you think 11,000 euros is adequate compensation for Costa Concordia passengers?

An agreement has been signed between Italian consumer groups and Costa Cruises, offering passengers of the sticken Costa Concordia a compensation deal of 11,000 euros (in addition to refunding medical and transport expenses, as well as the cost of the cruise). Codacons, however, is one consumer group that did not sign the agreement, and they are urging passengers not to accept the offer. Instead they are collecting names to file a class action suit in Miami against Carnival Plc, the parent company, seeking a much higher compensation package of 125,000 euros for each passenger.

What do you make of it all?  Is this a fairer sum given the scale of the tragedy or just an example of attorney greed?

Comments (1)

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  1. Bruno says:

    It is always hard to put a number as a compensation for such traumatizing experiences. How could you quantify the fear of death? the utter ruin of your holiday? All the worries that your family and friend would have experimented while waiting news? Very tricky in my opinion…

    11 K seems quite low, 125 K high, (I personally would not take the 11K) but as you mentioned in you post, it is now in the hands of the attorney and I guess Costa is in for a lot of trouble.

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