Wiesbaden before financial crisis: Savings urgently demanded!

Wiesbaden before financial crisis: Savings urgently demanded!

The financial situation in Wiesbaden is coming to a head: due to lower benefits on the part of the country and increasing expenses for mandatory tasks, the city faces a financial bottleneck. Mayor Gert-Uwe Mende (SPD) appeals to the federal and state governments before the upcoming adoption of the household in 2025 in 2025 to adhere to the principle of connexuality that should ensure the financing of municipal tasks by the overarching levels. The city plans to take legal action if necessary in order to enforce the required financing, which only requires around 40 million euros for all -day care at primary schools, reported fr.de .

criticism of budget

The opposition parties have sharp criticism of the proposed budget draft, which provides for a deficit of around 78 million euros for 2024. They also expect additional pension provisions of 50 million euros. "The reserves that were once over 200 million euros could be used up by the end of 2025," warns CDU finance spokesman Manuel Köhler. The general manager of the IHK Wiesbaden, Sabine Meder, also demands clear savings instead of tax increases from urban politics.

In another context, the previous practice of property managers in Germany, which create the funds of apartment owners, ensures excitement. According to BR and HR research, property managers have invested over 30 million euros in risky bonds - often without the knowledge of the owners. According to reports, many of these funds have flowed into projects that are in high risks in the current construction industry. Daniel Bauer from the protection community of investors therefore calls for a more precise examination of the network, which is apparently behind this questionable investment. Such incidents could further exacerbate the already tense financial framework conditions in cities such as Wiesbaden, such as