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!
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
Stumble it!We have another 150 new French property for you to choose from this week. Some highlights for you ..... Ref: 633 - An absolute bargain at 11,500 euros (that is about £8000). This will not be on the market for long - ring Didier now on +33 3 84 31 39 25......click title for details
....sorry for the pun but apparently Global warming is having an affect on the quality of the Champagne vineyards. As tempertatures increase by 0.5 degrees, this will have a deleterious effect on the quality. As a result the big Champagne houses are looking to buy up large quantities of land in.....click title for details
