1. Inhalt
  2. Navigation
  3. Weitere Inhalte
  4. Metanavigation
  5. Suche
  6. Choose from 30 Languages

Made in Germany

Expensive Francs - Osnabrück's Gamble with Loans

Cheap interest and a stable exchange made loans in Swiss francs attractive for many communities - like the city of Osnabrück in Lower Saxony. But since the Swiss National Bank removed the cap on the euro, worry in the town hall is growing.

Watch video 04:19

Over the years Osnabrück says it's taken out loans valued at nearly 50 million francs over the years. But since the Swiss central bank's decision, the city has lost some €7.3 million on the books.