City Councils Reduce Their Debt for the First Time Since the Pandemic

El Pais

Lean Left

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The municipal debt has stopped the negative streak caused by the pandemic tsunami and has been put back on a downward path. The liabilities of the local corporations — of which are municipalities, councils, councils and island council members — reached 22,847 million at the end of last year, a figure lower by 2% than the previous year and the first decline since 2021. Still, the snapshot is very heterogeneous: although most of the entities have …

O Minho

Factuality

Ownership

The Viana do Castelo City Council today denied having a debt with Transcunha for public service compensation in 2025 in the urban transport concession. “Regarding the amount claimed for compensation for the obligation of public service in 2025 in the urban concession, it is reported that there is no debt. In fact, various opinions – including from AMT [Mobility and Transport Authority] – state that there is no such compensation”, the local autho…