
Even economically developed states like Bavaria and Baden-Württemberg have been significantly affected. This shows that the current financial crisis has spread nationwide, rather than being concentrated mainly in a few regions as before.
According to the report, sharply rising costs for social and personnel sectors, coupled with a slowdown in economic growth leading to reduced revenue, are the main reasons for the difficulties faced by local budgets.
Given the current worrying financial situation, experts believe that coordination between the federal and local governments is necessary to prevent the deterioration of infrastructure and public services.
Source: https://quangngaitv.vn/cac-do-thi-tai-duc-doi-mat-khoan-no-ky-luc-6521812.html








