The financial situation of many cities and communities in Germany has been precarious for years. But there are also bright spots: a total of 98 communities in the country have no debts at all. This can be seen from a recent statistic.
But how does a community manage to get by without debt? There are several reasons for this. First, revenue plays a crucial role. If a municipality successfully promotes its economy and thus attracts new businesses, it can generate additional tax revenue.