Budget Process for New Municipalities in 2025
November 12, 2024
New municipalities are required to submit their budgets by next week, although the exact amount of state funding for them in 2025 is unclear. The total funding for municipalities will reach 170 million euros and will be allocated based on criteria related to population and financial capabilities. The current geopolitical situation has led to economic uncertainty, impacting municipal revenues. Local authorities need to ensure that their proposed budgets are balanced.