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Bordeaux Metropolis faced with "extreme debt" with risk of guardianship, Thomas Cazenave alerts

The President of the public institution lamented "excessive growth in spending" under the previous socialist administration. According to a safeguard plan presented on Thursday, the Metropolis must achieve €182 million in management savings by 2033 to avoid state intervention.

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Bordeaux Metropolis faced with "extreme debt" with risk of guardianship, Thomas Cazenave alerts

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

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