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Gounon raises spectre of Eurotunnel bankruptcy

Eurotunnel chief Jacques Gounon has made a last-ditch plea to bondholders to solve its €9.1bn ($11.6bn) debt crisis at a meeting tomorrow in Paris, and said agreement must be reached by July 12 before the company faces bankruptcy.

In an interview with French newspaper, Le Figaro, Gounon said the bondholders' presence at tomorrow's meeting would indicate whether a solution can be found.

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