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EUROSTAR TRAIN COMPANY IS ON THE VERGE OF BANKRUPTCY

... help to Eurostar Company. The rail carrier, whose high-speed trains have connected the UK with French and Belgian cities since 1994 through a tunnel under the English Channel... ... loan from the country's authorities, which would save the Eurotunnel operator from bankruptcy. The British business community fears more serious reputational and economic... ... measures. The French authorities have demanded a weekly quarantine for everyone entering France from British territory, despite the fact that a dangerous strain has already...

EUROPEAN AUTHORITIES ARE CREATING A “ZOMBIE ECONOMY”

... large number of inefficient enterprises with low productivity. According to statistics for 2020, the number of bankruptcies in France and the UK fell by 40%. The average figures for the European Union as a whole were 25%. Researchers of the National Bureau of Economic ... ... rates are normalized. The French think tank Rexecode reports that about 10% of companies in the country have been saved from bankruptcy solely by government funds. Jeffrey Franks, the head of the IMF mission in France, believes that unviable companies ...

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