This guide was prepared under the NALAS Task Force on Fiscal Decentralization for the Association
of Romanian Communes (ACoR) and financed by Open Regional Fund for South
East Europe / German Technical Support Agency, through a collaborative effort among the
expert team consisted of:
Aleksandar Bucic, representing the Standing Conference of Towns and
Municipalities from Serbia
Vladimir Seset, representing the Association of Municipalities of the Republic of Croatia
Mehmet Onur Partal, representing the Union of Municipalities of Marmara from Turkey
Veselka Ivanova, representing the National Association of
Municipalities in the Republic of Bulgaria
Osman Sadikaj, representing the Association of Kosovo Municipalities
Zana Djukic, representing the Union of Municipalities of Montenegro
Vilma Milunovic, representing the Association of Municipalities and Towns of Slovenia
Cvijeta Tanasic, representing the Association ofTowns and Municipalities of Republic of Srpska
Furdui Carolina, representing the Congress of Local Authorities from Moldova
Zyher Beci, representing the Association of Albanian Municipalities
Dieter Falk
Philip Eichler
Petr Vins
Adrian Miroiu – Lamba,
Romanian Association of Communes
Gjorgji Josifov
Claudia Pamfil
Radu Comsa
Information on national legislations was provided by the local experts assigned by the NALAS member associations. We highly appreciate their inputs, responding on our survey and discussing with our team-members the issues of local government borrowing.
We hope that our efforts for developing this Guide will assist the local governments' officials in preparing themselves for borrowing and will prove to be a useful asset.