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Annual Regional and Local Barometer

Public services at risk as city & region revenues plunge by 10%

3 mins read

The FINANCIAL — The first EU-wide Regional and Local Barometer – produced by the European Committee of the Regions – warns that Coronavirus pandemic is heavily impacting sub-national authorities’ revenues: in Italy, Germany and France alone, their losses could total 30 billion euros in 2020. The crisis is also widening social and economic inequalities in the EU’s territories. The Report warns that the crisis risks creating a “COVID lost generation” of young people, and highlights serious disparities between regional healthcare systems. The increasing rural-urban divide also represents a clear threat to EU’s cohesion. Presenting the results of the Annual Regional and Local Barometer, Apostolos Tzitzikostas (EL/EPP),…

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Public services at risk as city & region revenues plunge by 10%

3 mins read

The FINANCIAL — The first EU-wide Regional and Local Barometer – produced by the European Committee of the Regions – warns that Coronavirus pandemic is heavily impacting sub-national authorities’ revenues: in Italy, Germany and France alone, their losses could total 30 billion euros in 2020. The crisis is also widening social and economic inequalities in the EU’s territories. The…