For 41 years, Schopfheim has been dragging “old burdens” from the town hall because the currency loss would be too great if it were to be repaid.
. It seemed to be an excellent business because of the low interest rates in Switzerland: In 1980, the city of Schopfheim, with the consent of the municipal council, took out a loan of 3.75 million Swiss francs to finance the new town hall. But the city did the math without currency fluctuations.
A repayment is so far not an issue. Wasn’t that what developed …
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