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Local and regional governments as service providers
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Financial and economic crisis - 01.10.2009
The crisis from the ground up: CEMR releases first results
Financial crisis, economic crisis, credit crisis: how does the crisis impact Europe's local and regional authorities? The Council of European Municipalities and Regions (CEMR) discloses first results of its study conducted among its member associations.
According to Europe's local and regional authorities, the financial and economic situation has generally worsened over the last 6 months. That is what 13 out of 20 responding associations members of CEMR (65.0 %) think. The forecasts for 2010 are not much more optimistic either. The crisis will continue to influence local and regional governments, say 11 associations (61.1 %). They particularly suffer from a sustained budget ...
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