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Eurotunnel

Volume 111: debated on Monday 2 March 1987

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asked the Chancellor of the Exchequer if the approval given by Her Majesty's Government to the consideration by the staff of the European Investment Bank of a loan for Eurotunnel is subject to any conditions regarding the timing of the completion of the loan in relation to the date of enactment of the Channel Tunnel Bill; and if he will make a statement.

The EIB is fully aware that the completion of any loan could not take place before the Channel Tunnel Bill has been enacted.