Finance: EuroDisney is facing bankruptcy

Posted at 3:19 PM EST (2019 GMT)

Dec. 30th, 2003 -- EuroDisney is facing serious debts, to the tune of 1.5 billion pounds. Decreased attendance has hurt Disneyland Paris and a spokesman said the park could go under as early as March 31st.

Many blame the post-9/11 tourism industry, while others place the blame on things such as the rising cost of the Euro, the war in Iraq and even SARS. One thing is certain, EuroDisney needs a serious boost in attendance quickly.

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