The municipal debt kings
Kleinmachnow, 18 July 2022 – The municipalities are carrying a huge debt burden. The municipalities in the new federal states are better off than those in the old federal states. The highest per capita debt of a municipality in Thuringia, for example, is 1,669 euros, while the highest in Rhineland-Palatinate is 11,131 euros. The list of the highest debt burden in absolute figures is headed by the municipalities in NRW: Seven of the ten most indebted municipalities in Germany come from here – and Cologne, with its 4.3 billion euros in debt, is the lone leader. This is shown in a current evaluation by the municipal finance company EDS.
The debt burden per capita in Altenburg in Thuringia is 1,669 euros. Wilsdruff, the leader in Saxony, comes in at 2,526 euros, Wismar at 2,988 euros, Lutherstadt Wittenberg in Saxony-Anhalt at 3,111 euros and Forst in Brandenburg at 3,792 euros, making it the leader among East German municipalities in per capita debt. In the old federal states, Primasens in Rhineland-Palatinate is in the lead with debts per capita of 11,131 euros […]