International conference on IMPACT OF THE ECONOMIC CRISIS ON LOCAL GOVERNMENTS – CHALLENGES AND RESPONSES was held on 7-8 July in Borovetz, in the framework of the General
Assembly of the National Association of Municipalities of Republic of Bulgaria. An Overview of the financial situation in local governments in Council of Europe member states was presented by  Mr Kenneth Davey and  Mr Sorin Ionita (Council of Europe experts) followed by a country by country presentations and case studies for Bulgaria, Serbia, Greece, Macedonia, Romania and Turkey.