Some Thoughts on Financial Worries in the Exercise of Municipal Tasks: the Brussels Inter-Municipal Water Company

Some Thoughts on Financial Worries in the Exercise of Municipal Tasks: the Brussels Inter-Municipal Water Company

by | Nov 27, 2024 | Belgium, Financial distress, Local public entities, Public-private partnerships, Water Companies

Inter-municipal corporations in Belgium, tasked with critical public services like water supply and sewer management, face mounting financial challenges. Vivaqua, a water and sewer company serving Brussels, exemplifies these struggles, with its debt surging to €1.17...
Cracking the Code: Navigating the Debt Crisis of Chinese Local Governments and LGFVs in China

Cracking the Code: Navigating the Debt Crisis of Chinese Local Governments and LGFVs in China

by | Sep 9, 2024 | China, Financial distress, Insolvency, Local government, News, Public-private partnerships, UN sustainable development goals

Author: Shuai GUO, Rebecca PARRY, Eugenio VACCARI Local governments have played a pivotal role in China’s rapid economic growth, yet they have simultaneously faced unique financial pressures. The demands on local governments have increased significantly due to...