The Northern Times
  • News
  • Lifestyle
  • Culture
  • People
  • What’s happening
  • Economy
  • Opportunities
No Result
View All Result
  • News
  • Lifestyle
  • Culture
  • People
  • What’s happening
  • Economy
  • Opportunities
No Result
View All Result
The Northern Times
No Result
View All Result

City of Groningen has 10 to 20 million euro budgetary hole due to Coronavirus outbreak

May 28, 2020
in Economy
Home Economy

The city is suffering from a major financial setback

The municipality of Groningen is differing from a major financial setback due to the Coronavirus outbreak. The deficit is already between 10 and 20 million euros, says Alderman Paul de Rook. As reported by RTV Noord.

Last week, the municipality said that it has already set aside 2.7 million euros to deal with the first consequences of the outbreak. Unfortunately, Alderman De Rook has now confirmed that the total costs associated with the Coronavirus outbreak would be ‘a multiple’ of that 2.7 million.

“We want to stretch ourselves to the maximum to maintain the level of service,” says the Alderman. “We hoped that there would be some air in the financial field in 2020, but things turned out differently”, he said.

The municipality of Groningen itself is seeing its revenues squeezed by the Coronavirus. For example, fewer people are using parking garages in the city (the fees for which are received by the city), and the number of hotel stays has also fallen sharply. As a result, the municipality is missing tourist tax income.

This is offset by higher expenditures for the enforcement of the various measures and the implementation of different support schemes.

Image via PublicDomainPictures.net (license free)

Tags: City of GroningenCoronavirusfundinggemeente groningenmoney

Related Posts

Make_it_in_the_North
Make it in the North

Registrations open for career event for internationals in the North

September 19, 2023
Job fair to be held at the Vismarkt this week
What's happening

Job fair to be held at the Vismarkt this week

September 11, 2023
Celebrations at Klippa: From 6 guys in a room to a brand new HQ
Economy

Celebrations at Klippa: From 6 guys in a room to a brand new HQ

September 4, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

  • Father and six children from Ruinerwold lived in basement for years waiting for the end of time

    Father and six children from Ruinerwold lived in basement for years waiting for the end of time

    2873 shares
    Share 1149 Tweet 718
  • Scottish company working on ferry service between Edinburgh and Eemshaven

    1827 shares
    Share 731 Tweet 457
  • German students score rap hit with “Bonnetje Mee”

    1730 shares
    Share 692 Tweet 433
  • Two COVID-19 Coronavirus cases confirmed in Province of Groningen

    1491 shares
    Share 596 Tweet 373
  • Olympic champion Epke Zonderland now a doctor

    1374 shares
    Share 550 Tweet 344
The Northerntimes is powered by: TopDutch

No Result
View All Result
  • Arts
  • Contributors
  • Covid-19 News
  • Covid Chronicles
  • authority
  • personal
  • photo reportage
  • professional
  • Crime
  • Culture
  • Drenthe
  • Dutch history
  • Econ 050
  • Economy
  • Education
  • Eurosonic Noorderslag
  • Friesland
  • Groningen
  • Health
  • Lifestyle
  • Make it in the North
  • National
  • News
  • Nightlife
  • Opinion
  • Opportunities
  • Education
  • People
  • Expats
  • International students
  • Politics
  • Shopping
  • Sports
  • submitted articles
  • Top Dutch Business
  • Travel
  • Typical Dutch
  • Ukraine
  • Uncategorized
  • What’s happening
  • World

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Submit a article

Send in an article to be published on The Northern Times.

Send a news tip

Got a story idea or want us to be aware of anything?