Eurotunnel Facing Collapse

The ScotsmanJune 14, 2005

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Summary


EUROTUNNEL faces imminent collapse unless lending banks are prepared to write off billions in loans, the chairman of the embattled transport giant claims today.

The admission from the channel-link company's Jacques Gounon comes four days ahead of its annual shareholders' meeting in France.

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Eurotunnel Facing Collapse

Mr Gounon is interviewed on a BBC Two Money Programme special on Eurotunnel being shown ton...

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