Kategoriarkiv: Aktuellt

On the 22nd of October the first General Assembly of the new French Local Government Funding Agency, Agence France Locale, will take place in Paris. This will mark the end of several years of preparations and the starting point of the new agency.

In an article in Local Government Chronicle, Lars M Andersson puts forward arguments for a British Municipal Bond Agency.

Read the article here.

Local Government Chronicle’s Chief Reporter Ruth Keeling has interview Lars M Andersson about the need for a British Municipal Bond Agency.

Link to the article.

The LGA yearly conference was held in Manchester 2 – 4 July. On the last day of the conference there was a seminar about LGA’s project to create a local government bond agency chaired by Cllr Robert Light, Council Leader of  Kirklees and Deputy Chairman of the LGA . Speakers were Sir Merrick Cockell, LGA Chairman, and Lars M Andersson.

Local authorities create growth. That was the starting point of Lars M. Andersson’s speech. As one example British local authorities are responsible for around 50 % of all public investments in the country. Mr. Andersson then presented the existing agencies in the world, with an emphasis on how the European agencies are structured. He then made an overview of recent event including the creation of a French local government funding agency. Finally Mr. Andersson encouraged the English local authorities to push on with their project, so that we will soon see a new agency for local finance.

Sir Merrick reiterated his commitment to the project and urged the local authorities to state their interest in created a bond agency. After the seminar Sir Merrick was interviewed by Public Finance. Read the article here.

The English Local Government Association (LGA) holds their yearly conference in Manchester during 2-4 July. One of the seminars will be about the project to create a collective municipal bonds agency. This seminar will be chaired by Cllr Edward Lord and the chairman of the LGA, Sir Merrick Cockell and Lars M. Andersson will be speaking.

The French business newspaper Les Echos reported on Friday last week that the National Assembly now has approved the plans to create a French local government funding agency. This means that the agency will formally be created later this year. In a comment to Les Echos, Rollon Mouchel-Blaisot, the director of the Association des maires de France, said ”We want to finish with some monopolies, such as Dexia, which had known adverse effects”. And the President, Jacques Pélissard, of the same organisation adds ” local authorities  that are not in a healthy financial situation will not be admitted into the agency,”

Public Finance has published an interview with Lars M. Andersson about the project to create a local government bond agency in Britain.

Read the article here.

In a front page article in Municipal Journal (MJ), written by Jonathan Werran and Heather Jameson, the project to create a British municipal bond agency is discussed. MJ has interviewed Sir Merrick Cockell, chairman of the Local Government Association, and Lars M. Andersson.

Read the article here.

In the latest issue of the French magazine Europe parlementaire (N° 15 April-May-June 2013) Yves Millardet is interviewed about the progress of the project of creating a new Local Government Funding Agency in France. Yves is one of the main advisors in this process.

In the same magazine there is also an interview with the French Finance Minister Pierre Moscovici about financing of local authorities.

Read both interviews in French here.

Read the interview with Yves Millardet translated into English here.

You can find the website of Europe Parlementaire at www.documentationparlementaire.fr