And while it was hit hard by the collapse of its housing boom, it's still a relatively low-debt country, and it's hard to make the case that the underlying fiscal condition of Spain's government is worse than that of, say, Britain's government.
Although Sweden has followed the European pattern from low- to high-rise and back again, what's remained constant is the way it manages huge swathes of its housing stock.
The group said it had secured 54% of its housing completion target for the year.
Soon after, Neurath was invited to Bilston to see the nature of its housing problem and help eradicate it.
Ms Hodge said: "The DWP says it can't accurately predict the effects of its housing benefit changes either on individuals or on the housing supply.
"It broke away, became detached and came out of its housing," Mr. Izard said at a news conference at the scene.
A reported 24% of its housing units are empty.
"This is a cool clock," he said, noting the shape of its housing and hands.
Grozny, the capital, was virtually reduced to dust as 85percentt of its housing was destroyed.
And just under a tenth of its housing stock lies vacant.
New Baltimore has 3,417 residents, and much of its housing stock is historic.
