Feb 25 β€’ 17:20 UTC πŸ‡«πŸ‡· France Le Figaro

The "slow degradation" of Paris, the "spectacular falls" of Strasbourg, Marseille, Nantes: this study alerts on the financial situation of large cities

A study warns of the deteriorating financial conditions of major French cities ahead of the municipal elections, highlighting varying levels of financial management among municipalities.

As municipal elections approach in France, a new study from the Institut Montaigne raises alarms about the financial health of the country's largest cities, including Paris, Strasbourg, Marseille, and Nantes. The report indicates that the incoming mayors, who will begin their terms after the first round of elections on March 15, will inherit vastly different financial situations, reflecting the uneven quality of financial management during the previous term. This disparity in financial performance could significantly impact the candidates' ability to implement policies and address local issues effectively.

The study particularly emphasizes the concept of 'margins of maneuver' for the new municipal executives, which will vary greatly depending on the fiscal health left by their predecessors. Cities like Paris face a 'slow degradation,' while others, such as Strasbourg, are experiencing 'spectacular falls' in their financial stability. These challenges underscore the importance of sound financial governance at the municipal level and raise questions about the candidates' preparedness to navigate these issues once in office.

With the elections approaching, candidates may not yet fully grasp the extent of the financial difficulties they may face, which could lead to unforeseen challenges in governance. The findings of this study serve as a crucial reminder of the responsibilities of elected officials in managing city finances, especially as they prepare to take on their leadership roles under potentially strained economic conditions.

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