Krauklis: The new funding model will ensure better service availability
The new municipal financial equalization model proposed by Latvia's Ministry of Finance is expected to slow down the disparity between wealthy and impoverished municipalities, according to Vents Armands Krauklis.
The great concentration: Catalonia and Madrid accumulate almost 40% of the economy and widen the regional gap
Economic activity in Spain is increasingly concentrated, with nearly 40% originating from Madrid and Catalonia, exacerbating the regional disparity as these regions draw more population and wealth from the rest of the country.