Ghent launches overdimensioned savings plan: €150M annual cuts, €400M investment reduction

The Ghent city government announced an 'overdimensioned' savings exercise targeting €150 million in annual operating budget cuts and €400 million less investment over the next decade, in response to Flemish and federal austerity measures. The exact impact remains unclear, complicating the city's fiscal planning. This signals local fiscal strain from higher-level government cutbacks, potentially affecting municipal services and infrastructure.

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