• MEPs plead with Britain to help save Eurostar

  • Discussion about railroad topics everywhere outside of North America.
Discussion about railroad topics everywhere outside of North America.

Moderators: Komachi, David Benton

  by Ken W2KB
 
Desperate MEPs plead with Britain to help save Eurostar – rail firm on the brink
A GROUP of MEPs has piled pressure on France and Britain to bail out the Eurostar amid fears the cross-Channel train service will collapse due to the coronavirus pandemic. https://www.express.co.uk/news/politics ... el-bailout
  by kato
 
Britain also has no financial stakes in Eurostar at all - they sold their 40% share in 2015 to Canadian and US investment companies.

To be fair this is part of a wider lobbying campaign by Eurostar to get some assistance from the UK after they've exhausted subsidy avenues with the French government. There was a similar public appeal by the London First business group on behalf of Eurostar in January.
  by David Benton
 
The attempts to run this vital( and expensive) piece of infrastructure privately have been a disaster from the start.
It should be 50 % owned by the French and British governments respectively.
Ironic that the roads and railways (and competing ports ) leading to it are all government owned.