摘要：The general financial situation of municipal government in the EuropeanUnion countries seems to be very good. The dynamics of tax income value growthachieved by local and regional authorities considerably exceed the figures characterizingthe all public sector. Moreover, municipal authorities at the local and regionallevel are a leading public investor in many EU countries, they finance69,3% of all public investments in average in all EU. Besides the value of theirbudget deficits, at the level of 0,2% GDP, and also their share in values of the nationaldebt at the level of 5,8% GDP the European Union can be qualified as safehaving no negative impact on getting positive economic effects in many countriesof the European Union.
