Lebanese because of faulty government bought a street in the German town of 1000 euros. He can sell it for 500 thousand euros or charge utilities to residents.

According to the newspaper, the street was built in the early 90-ies of the last century. Investor construction for a long time offered to local authorities to buy the street, along with systems of irrigation and drainage for the symbolic sum of one euro. However, the municipality did not do that, sorry for funds for the notarization of the transaction. After the developer went bankrupt, the street it was decided to put up for auction all at the same price - one euro.

26 August 2009 | edition, fee, investor, power, resident, system, thousand, town, ul

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