Exclusive: Alarm for City Finance, Graz Is Running Out of Money
13 Articles
13 Articles
New funding requests and orders are temporarily restricted, says Financial City Councillor Manfred Eber (KPÖ).
A few days after the signing of the new coalition of KPÖ and Greens, the city of Graz has a huge financial disaster: the second largest city in Austria has a liquidity problem – the town hall is turning the money tap.
Shortly after the coalition of the KPÖ and the Greens came to an end, the city imposed a budget ban in order to secure liquidity.
A few days after the election of the city government, Financial City Councillor Manfred Eber (KPÖ) imposes a budget ban. No new subsidies may be paid out and orders placed. The background is higher payments in the disabled area.
Finanzstadtrat Eber, KPÖ, suspends processing of subsidies and issues order blocking.
Only shortly after the new election of the city government, Finance City Councillor Manfred Eber of the KPÖ imposes a budget ban. Thus, new subsidies are suspended for the time being. No new subsidies The KPÖ promised before the election in Graz the "improvement of urban infrastructure, public services and institutions oriented towards the common good", so there is already a few days later the very great disillusionment. Finance City Councillor …
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