Sunday 30 August 2009

Champagne-Ardennes - what crisis

One of the loveliest areas of France in Autumn is the Champagne-Ardennes just as grapes are to be harvested. However, this year the financial crisis is having a great effect. The champagne houses are warning of huge cuts in this year's grape harvest as they battle with the impact of the financial crisis on consumers of luxury goods in Britain and the US.

Figures published show that exports of champagne fell significantly in the first six months of 2009, sending panic through an industry reliant on its international market. Exports were down 45% in value and 41% in volume on the same period last year.

While the crisis remains, there will be huge property bargains around - property from 20,000 euros. For example, here is a property to renovate within this budget!

image.php?Id=140784&image_table=tbl_files&PHPSESSID=6aa8d53e23b250d0a5cff3bb41ca8b39

Small terraced house. Stone building from the end of 19th century. Structure in good condition (walls, timber and roof). The inside is entirely to renovate.
Details: Small terraced house to renovate, with courtyard and garden
One of 5000 French Properties for sale at 1st for French Property.

Posted via email from howard's posterous

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