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Local finance - 13.11.2018
Ten years after the crisis, local governments are still not free to invest “Where central government didn’t have the money, they passed the job to local governments.” The problem is, they transferred the competences, but not the resources. Cheltenham councillor, Local Government Association member and CEMR spokesperson on local finance, Flo Clucas, was referring to the aftermath of the financial crisis of 2008 and its impact on local government. She was speaking at a conference on Subnational finance and investment ten years after the crisis, organised by the Committee of the Regions and the OECD on 12 November in Brussels.
The financial crisis happened ten ...
The financial crisis happened ten ...
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PLATFORMA turns 10!
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