Liège
The city is well known for its very crowded folk festivals. The 15 August festival ("Le 15 août") is maybe the best known. The population gathers in a quarter named Outre-Meuse with plenty of tiny pedestrian streets and old yards. Many people come to see the procession but also to drink alcohol (mostly peket) and beer, eat cooked pears, boûkètes or sausages or simply enjoy the atmosphere until the early hours. The Saint Nicholas festival around 6 December is organized by and for the students of the University; for a few days before the event, students (wearing very dirty lab-coats) beg for money, mostly for drinking.
Liège is the most important city of the Wallon region from an economic perspective. In the past, Liège was one of the most important industrial centres in Europe, particularly in steel-making. Starting in 1817, John Cockerill extensively developed the iron and steel industry. The industrial complex of Seraing was the largest in the world. It once boasted numerous blast furnaces and mills. Liège has also been an important centre for gunsmithing since the Middle ages and the arms industry is still strong today, with the headquarters of FN Herstal and CMI Defence being located in Liège. Although from 1960 on the secondary sector is going down and now is a mere shadow of its former self, the manufacture of steel goods remain important.
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