Spanish town of Peleas de Abajo
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Peleas de Abajo is known as Spain's 'most indebted town'

Peleas de Abajo, a town in the north-west of Spain with only 240 inhabitants, has accumulated a debt of 4.6 million euros (£3.8 million).

The sorry state of affairs made the place - which has a name that could be translated as Down Fighting - known as the most indebted town in Spain.

Eric Camara reports.

  • 12 Mar 2012
  • From the section Europe
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