Article: A tale of two countries. (This Month).

THIS month we have news stories from two European neighbours: France and Britain, but it is more than the Channel which separates them. France is proudly celebrating the presidential opening of its fifth high-speed line--TGV Mediterranee--and a world endurance record for TGV (see page 6). In stark contrast Britain's private track authority, Railtrack, faces a major financial crisis. Now that last month's national election is over in Britain, the re-elected British government faces some difficult decisions on how to fund rail infrastructure investment and whether further restructuring is necessary.

Successive French governments have backed rail investment, ...

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