Perpignan est la quatrième ville la plus endettée de France

[Las-Cobas]

Perpignan is the 4th most in debt Ville in France


http://www.lindependant.fr/2011/10/09/p ... icleReagir

[Brian and Helen]

Oh dear, those naughty boys at Dexia, selling EUR loans with bolted-on CHF swaps - the interest rate looks cheap until the CHF soars against the EUR and then you find the principal has gone up by 40%.

As Peter quoted in another context, "if it looks too good to be true . . ."

Hopefully, Magalas is small enough to be beneath the radar of these predatory types, but you never know.

Brian

[Las-Cobas]

he naughty boys begin with John Paul