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Donkeyman
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Donkeyman is offline
Melton,United Kingdom
Joined: Jan 2019
Posts: 9,002
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16-01-2021, 06:35 PM
1

Eurostar in cash crisis !!

Euro star is seeking a cash bail out from the UK government
despite UK having only a 10% stake in the company?
The majority of shares are owned by the French national railway
and a French Canadian company, so the French can be said to be the
dominant shareholders !!
Investors have allready coughed up 200 million extra to try to plug
the finance hole caused mainly by the covid pandemic and a loss of
more than 80% in revenues ??
I would question why they are seeking help from such a minor
player in the affairs of this company ???
And seemingly at odds with EU rules about state aid???

Donkeyman! 👎🤔🤔👎
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Tedc
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Tedc is online now
Berkshire, UK
Joined: Aug 2016
Posts: 4,828
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16-01-2021, 08:17 PM
2

Re: Eurostar in cash crisis !!

Originally Posted by Donkeyman ->
Euro star is seeking a cash bail out from the UK government
despite UK having only a 10% stake in the company?
The majority of shares are owned by the French national railway
and a French Canadian company, so the French can be said to be the
dominant shareholders !!
Investors have allready coughed up 200 million extra to try to plug
the finance hole caused mainly by the covid pandemic and a loss of
more than 80% in revenues ??
I would question why they are seeking help from such a minor
player in the affairs of this company ???
And seemingly at odds with EU rules about state aid???

Donkeyman! 👎🤔🤔👎
And I wonder why the HS2 project is going ahead in the light of the obvious costs versus potentiasl gains!
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OldGreyFox
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South Yorkshire
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16-01-2021, 09:53 PM
3

Re: Eurostar in cash crisis !!

Just dynamite the tunnel and be done with it....
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Silver Tabby
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God's own county!
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16-01-2021, 10:05 PM
4

Re: Eurostar in cash crisis !!

Originally Posted by oldgreyfox ->
just dynamite the tunnel and be done with it....
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longfellow
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Penthouse in Essex overlooking the Thames.
Joined: Oct 2013
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16-01-2021, 10:47 PM
5

Re: Eurostar in cash crisis !!

I would gladly buy a pallet of bricks if you can find other sponsors to help block that thing up.

Anyways doesn't some of the National Lottery go into Canadian funding's so why can't they use that brass
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Judd
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West Riding of Yorkshire
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17-01-2021, 12:06 AM
6

Re: Eurostar in cash crisis !!

Bollocks to them. They've screwed enough money out of us with various subsidies.
keezoy
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Sydney, Australia
Joined: Apr 2019
Posts: 3,552
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17-01-2021, 12:37 AM
7

Re: Eurostar in cash crisis !!

Originally Posted by Judd ->
Bollocks to them. They've screwed enough money out of us with various subsidies.
I don't usually comment on Brit/ Euro stuff. Not my patch. But I often read it just for my own edufication. But,..who exactly is "they" (ve)..The Euoropeans?..The British Govt?..or the Canadians. JUst asking.
Donkeyman
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Melton,United Kingdom
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Posts: 9,002
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17-01-2021, 11:27 AM
8

Re: Eurostar in cash crisis !!

Originally Posted by keezoy ->
I don't usually comment on Brit/ Euro stuff. Not my patch. But I often read it just for my own edufication. But,..who exactly is "they" (ve)..The Euoropeans?..The British Govt?..or the Canadians. JUst asking.
Ha! Ha! Good question Keezoy !!
Must be Euro Star l think, which is mainly French and French
canadian owned, but subsidized by the French government in
contravention of EU rules ??

Donkeyman! 🤗🤗
Donkeyman
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Donkeyman is offline
Melton,United Kingdom
Joined: Jan 2019
Posts: 9,002
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17-01-2021, 11:33 AM
9

Re: Eurostar in cash crisis !!

Originally Posted by longfellow ->
I would gladly buy a pallet of bricks if you can find other sponsors to help block that thing up.

Anyways doesn't some of the National Lottery go into Canadian funding's so why can't they use that brass
Oh ,is that so??
I thought OUR national lottery was meant to fund good causes
in UK Longfella ??

Donkeyman! 🤔🤔
Donkeyman
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Donkeyman is offline
Melton,United Kingdom
Joined: Jan 2019
Posts: 9,002
Donkeyman is male  Donkeyman has posted at least 25 times and has been a member for 3 months or more 
 
17-01-2021, 11:35 AM
10

Re: Eurostar in cash crisis !!

Originally Posted by Tedc ->
And I wonder why the HS2 project is going ahead in the light of the obvious costs versus potentiasl gains!
Me too Ted??

Donkeyman! 🤔🤔
 
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