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DW-TV EUROPA

Next broadcast 22.03.10 | 14:00 UTC Previous broadcast

Journal

With Business

Financial strains on German towns and cities

German towns and cities have also suffered the impact of the global economic crisis. Many were already struggling with heavy debt before the downturn sharply cut tax revenues. German municipalities hold total debt worth about 114 Billion Euros. The rust-belt city of Oberhausen alone owes 1.4 Billion euros.

 
 

Bildunterschrift: Großansicht des Bildes mit der Bildunterschrift:  Oberhausen's financial squeeze has forced the city to take drastic measures. The city-owned public transportation company has reduced the number of busses on its routes and made its drivers accept pay cuts. Four of the city's seven public pools have been closed because Oberhausen doesn't have enough money to maintain them. A big part of Oberhausen's problems stem from high unemployment caused by the collapse of the city's old mining and heavy industries. Today a large part of the city's budget is consumed by welfare services. Then the economic crisis reduced tax revenues by 80 million euros, creating insurmountable problems for city managers. They've called on the state of North Rhine-Westphalia and the federal government to relieve the city of some of its responsibilities or help the city pay for them.

Number Cruncher

Bildunterschrift: Großansicht des Bildes mit der Bildunterschrift:  Monday is World Water Day, which promptes us to report that Germany spends some 350 million Euros a year on water projects in the developing world. That makes Germany the word's second largest donor country when it comes to helping people in developing countries obtain or conserve clean water. About thirty countries worldwide are suffering from acute water shortages.

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