Thursday, February 25, 2021
  • Contact
  • Privacy Policy
  • Terms & Conditions
Trends Wide
  • Home
  • News
  • Business
  • Lifestyle
  • Trending
  • Australia
  • Deals
  • Cryptocurrency
No Result
View All Result
Trends Wide
Home Euro

Have Eurostar ‘fallen through the cracks’ of the transport bailout safety net?

souhaib by souhaib
January 19, 2021
in Euro
0


The Eurostar train service that connects the UK with mainland Europe is under threat. Controlled by French state railway SNCF, it is at risk of collapsing following a 95% drop in the number of passengers since March.

Adam Tyndall is the Programme Director for Transport at London First, a business campaigning group. He says Eurostar has ‘fallen through the cracks’ as they are not entitled to loans offered to airlines, for example, nor they are not a national railway and therefore miss out the support offered to rail companies in the UK.

“The situation is very difficult for Eurostar, we have seen both in the UK and in France in the last few weeks additional restrictions being brought in and that’s meant that this usually profitable business has barely any revenue coming in at the moment.”

The UK government sold its stake in the cross-channel service back in 2015. The French government has a majority 55% stake in Eurostar, and Belgium 5%. Shareholders have already poured €200m to keep the company afloat during the crisis.

Watch Euronews’s full report in the player above.



Source link

Related posts

Unseen Van Gogh goes on public display before Sotheby’s auction in March

February 25, 2021

As the ESA calls for new recruits, Hungary prepares its candidate for orbit

February 25, 2021
Tags: euronews
Next Post

PAUL McKENNA'S mind tricks to beat stress

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

301 Moved Permanently

5 months ago

FedEx confirms it has begun the process of COVID-19 vaccine delivery

2 months ago

Covid: Can mass testing save us from another lockdown?

4 months ago

Italian coastguard rescues 31 migrants off coast of Lampedusa

3 months ago

BROWSE BY CATEGORIES

  • Australia
  • Cryptocurrency
  • Culture
  • Deals
  • Discounts
  • Economie
  • Euro
  • Gaming
  • Lifestyle
  • News
  • Opinion
  • Sports
  • Switzerland
  • Trending
  • Uncategorized

BROWSE BY TOPICS

2018 League abc Australia Bali United bbc bbc health Budget Travel Champions League Chopper Bike cnn ar business dailymail dailymail australia dailymail heath dailymail money dailymail sport day 7 euronews Health https://lenews.ch/feed/ IGN Istana Negara Market Stories National Exam rt arabic usa today usa today money usa today sport Visit Bali Women Fashion

POPULAR NEWS

  • Watch .. Lebanese astronomer Michel Hayek reveals his predictions for the year 2021

    0 shares
    Share 0 Tweet 0
  • Help save a local business

    0 shares
    Share 0 Tweet 0
  • Love Insurance

    0 shares
    Share 0 Tweet 0
  • 5 places to visit in Microsoft Flight Simulator 2020.

    0 shares
    Share 0 Tweet 0
  • Reece Parkinson: A shock diagnosis won’t stop me running

    0 shares
    Share 0 Tweet 0

Follow us on social media:

Recent News

  • Unseen Van Gogh goes on public display before Sotheby’s auction in March
  • From Every Angle: Watch Kasami’s ‘exceptional’ goal for Fulham against Crystal Palace in 2013
  • Married At First Sight’s Rebecca Zemek strips down to a bikini for a bath with Jake Edwards

Category

  • Australia
  • Cryptocurrency
  • Culture
  • Deals
  • Discounts
  • Economie
  • Euro
  • Gaming
  • Lifestyle
  • News
  • Opinion
  • Sports
  • Switzerland
  • Trending
  • Uncategorized

Recent News

Unseen Van Gogh goes on public display before Sotheby’s auction in March

February 25, 2021

From Every Angle: Watch Kasami’s ‘exceptional’ goal for Fulham against Crystal Palace in 2013

February 25, 2021
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Opinion

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.