61-65

• Kikilia, Ekaterina

The basic working framework of this study was the 1996 fire in the Eurotunnel and its consequences the years following. Within this framework, we focused upon some not so obvious financial repercussions of the accident and specifically the financing banks slide towards a more cautious stand in a forthcoming debt reconstructing agreement. Finally, we analyzed the recent economic developments and the possible solutions to the crisis of the enterprise.

• Economics and Business

• Economics

Eurotunnel, economic crisis, lending banks, debt reconstruction deal

JEL Classification: Economic History

1. Associate City Editor, October 10, 2003.Associate City Editor, July 22, 2003.International Herald Tribune, October 22, 2003."Rail infrastructure Management Services: Marketing Research Profiles". Biz Miner. December 23, 2003, Business Reports."Rail infrastructure Management Services: Financial Analysis Profiles". Biz Miner. December 23, 2003, Business Reports.The Economist, November 23, 1996, p. 47.The Financial Times, November 20, 1996, p. 1, 10, 29, 31 and 34.The Financial Times, November 22, 1996, p. 8.The Financial Times, November 23/24, 1996, p. 9, 21, 23, 24.The Guardian, November 22, 1996, p. 5.The Independent, November 22, 1996, p. 1, 19.The Observer, November 17, 1996, p. 6, (Business section).The Weekly Telegraph, November 27 – December 31, 1996, p. 4, 5.