British travel agency Thomas Cook is fighting for its life.
The firm requires an additional €226 million to survive, in addition to the €1 billion it raised last month in a recapitalisation plan with Chinese shareholder Fosun.
The extra demand came from the company's banks just ahead of the winter season, traditionally the slowest period for the holiday company
Thousands of Thomas Cook's customers around the world risk being left stranded if the company collapses.
The company is telling them that is doing everything to avoid the collapse.
In the UK, authorities are alert and preparing what could be the biggest-ever peacetime repatriation of British citizen