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spanman

Algeciras Bankrupt

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The City of Algeciras is bankrupt.This was said today the new delegate of Finance, Luis Angel Fernandez, who stressed that as of June 15 suppliers debt exceeds 125 million euros."There is a creditor in the city that owed money," he said.

Cities first - whole country later?

(Google translate does leave a little to desire for the non spanish speakers).

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Al jezzera has gone bankrupt???

The Tv station or the person??

No, it's the town across from Gibraltar. Never been there myself but people tell me it's always been a grim place, a bit like Scunthorpe.

Incidentally the link in the OP isn't working.

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You would have thought that Algeciras would be quite a rich place, what with the port, ferry terminal and oil refinery.

But maybe the cash goes straight to the Mayor of the province of Andalucia.

We know the town hall in Sevilla will look after it. :D

Edited by frankief

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Al jezzera has gone bankrupt???

The Tv station or the person??

I thought he owned a kebab shop in the high street

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Germany will bail them out providing:

All wages are cut by 50%

No one can retire ever

VAT up 30%

All schools and hospital closed for 4 days a week

Lights out at 10 o'clock

This will correct some of the structural weaknesses in the economy

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Link works, but it has nothing to do with bankruptcy. Some sort of porn. Click the link and allow Google to translate it, and the opening paragraph reads

"Reassure staff in the payment of payroll Sánchez Rull but emphasizes that "can not get breast""

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The one to watch is Valencia. Absolutely enormous debts, but because it's controlled by the right-wing PP party, it doesn't seem to be such a problem. :unsure: There again, they are comitted to major cuts/privatisations, so maybe they can escape the reckoning...

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No, it's the town across from Gibraltar. Never been there myself but people tell me it's always been a grim place, a bit like Scunthorpe.

Incidentally the link in the OP isn't working.

I used to live in Gibraltar and thought Algeciras was paradise. Everything is relative. Like Scunthorpe is a fair comparison, but with a beach and sunshine.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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