Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries

The general financial situation of municipal government in the European Union countries seems to be very good. The dynamics of tax income value growth achieved by local and regional authorities considerably exceed the figures characterizing the all public sector. Moreover, municipal authorities at t...

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Main Author: Agnieszka Alińska
Format: Article
Language:English
Published: VIZJA University 2007-03-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/1
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author Agnieszka Alińska
author_facet Agnieszka Alińska
author_sort Agnieszka Alińska
collection DOAJ
description The general financial situation of municipal government in the European Union countries seems to be very good. The dynamics of tax income value growth achieved by local and regional authorities considerably exceed the figures characterizing the all public sector. Moreover, municipal authorities at the local and regional level are a leading public investor in many EU countries, they finance 69,3% of all public investments in average in all EU. Besides the value of their budget deficits, at the level of 0,2% GDP, and also their share in values of the national debt at the level of 5,8% GDP the European Union can be qualified as safe having no negative impact on getting positive economic effects in many countries of the European Union.
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spelling doaj-art-a7ec67ccf9104b3e92797e1965b0bf4e2025-08-20T01:59:35ZengVIZJA UniversityContemporary Economics2084-08452007-03-01111154Finance of the Municipal Sector in Comparison with Public Finance of the European Union CountriesAgnieszka AlińskaThe general financial situation of municipal government in the European Union countries seems to be very good. The dynamics of tax income value growth achieved by local and regional authorities considerably exceed the figures characterizing the all public sector. Moreover, municipal authorities at the local and regional level are a leading public investor in many EU countries, they finance 69,3% of all public investments in average in all EU. Besides the value of their budget deficits, at the level of 0,2% GDP, and also their share in values of the national debt at the level of 5,8% GDP the European Union can be qualified as safe having no negative impact on getting positive economic effects in many countries of the European Union.http://ce.vizja.pl/en/download-pdf/id/1
spellingShingle Agnieszka Alińska
Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries
Contemporary Economics
title Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries
title_full Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries
title_fullStr Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries
title_full_unstemmed Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries
title_short Finance of the Municipal Sector in Comparison with Public Finance of the European Union Countries
title_sort finance of the municipal sector in comparison with public finance of the european union countries
url http://ce.vizja.pl/en/download-pdf/id/1
work_keys_str_mv AT agnieszkaalinska financeofthemunicipalsectorincomparisonwithpublicfinanceoftheeuropeanunioncountries