Municipalities should go bankrupt by law, these are the consequences of debts

28/06/2019 11:37 AM 0 komente

Prof. Arben Malaj, former Minister of Finances If a municipality reaches the level that can not pay social security, finance experts at the local and central level have dropped the bells that the municipality risks real bankruptcy, argues the well-known economist, Arben Malaj, former Finance Minister. According to him, in a functional democracy and in a legal state, municipalities, like any other unit of government of the country, must face the risk of bankruptcy.   Almost all municipalities and ex-municipalities […]

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