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Gandrange: To pay off its debt, the city is canceling events

Gandrange: To pay off its debt, the city is canceling events

The city of Gandrange is currently facing a difficult financial situation, requiring the implementation of drastic measures to preserve its finances and public services. The cause of this significant belt-tightening? A debt of more than €2 million that the municipality must repay to its bank.
The bank refuses to renegotiate the terms of the loan granted to the City of Gandrange. The city has already repaid €1.7 million. €2.3 million remains.
The bank refuses to renegotiate the terms of the loan granted to the City of Gandrange. The city has already repaid €1.7 million. €2.3 million remains.

Grey clouds are gathering over Gandrange . The weather isn't looking good, financially speaking. The proof: the municipality has had to resolve to cancel most of its events! Father's Day and Mother's Day did not take place this year. And the Fête de la Musique and Saint-Jean will also be cancelled this summer. Only the traditional Foulées de Saint-Hubert are still going ahead, with the organization and catering provided by Smivo (Orne Valley Half Marathon), but without on-site catering.

Why such belt-tightening? The finances of the...

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Le Républicain Lorrain

Le Républicain Lorrain

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