Maarten 80! Van Rossem talks about the ‘bankrupt’ city

Maarten 80 Van Rossem talks about the bankrupt city

Utrecht – Don’t panic! The city of Utrecht has never really been bankrupt. Not that we weren’t in a bad position, but cities in the Netherlands simply cannot go bankrupt. If you are in really bad shape as a city, like Utrecht in 1990, you will receive a so-called ‘Article 12 status’ and from that moment on you will be under government guardianship as a city.

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