Local government debt keeps increasing

Ljubljana – The total debt of Slovenia’s 212 municipalities and their utilities increased by a further EUR 47.5 million last year to EUR 971.2 million, or 2.1% of GDP. Average total debt per capita thus increased to EUR 473 in 2020 from EUR 449 in 2019, a report compiled by the Finance Ministry shows. Gornji Petrovci, a small municipality in the north-easternmost part of the country remains the local community with the biggest mountain of debt per capita at EUR 2,006. Due to borrowing under unfavourable terms in the past,…

For FREE further reading please JUST enter your email address


I allow to collect my email data for analytics and email campaign