Unanimous support to Local Government Agreement on Sustainability of Public Finances
Local governments have given their support, unanimously, the agreement for the sustainability of public finances for the period 2010-2013, and the path of deficit for those years, during today's meeting of the Subcommittee on Economic Conditions, Financial Tax and National Commission of Local Administration (CNAL).
Local representatives have shown their support for these measures for accountability and engagement with other public and to the whole country in a time when it is necessary to the effort and contribution of all.
The Agreement with local corporations for the Sustainability of Public Finances, adopted by the Council of Ministers on 20 May, provides a path of deficit for all local entities of 0.5% for the year 2009, 0.6 2010 0.8 2011 0.3 0.2 2012 and 2013.
The agreement also states that local bodies will take an additional reduction of 200 million euros for the year 2011.
The National Commission for Local Administration (CNAL), is a board meeting between the General State Administration and Local Government, and consists of representatives of government and of FEMP