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This is Pioz, the town in the Guadalajara province of Castilla-La Mancha which has now earned the unwanted distinction of being the most indebted in Spain. In fact with its projected income, Spain's Ministry of Public Administration estimates that Pioz ...
THE most indebted town in Spain will take 7,058 years to repay its debts, it was estimated yesterday. Pioz, a town of 3,800 residents in the Guadalajara province of Castilla-La Mancha, racked up massive debts with a vast programme of overspending during ...