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BRIEF-Moody's says European regional and local governments' funding needs to remain high
July 11, 2017 / 9:44 AM / 4 months ago

BRIEF-Moody's says European regional and local governments' funding needs to remain high

July 11 (Reuters) -

* Moody’s says European regional and local governments’ funding needs to remain high; trends diverging

* Moody’s says expects regional and local government issuers in Germany, UK, France, Spain and Italy to raise an average annual combined Euro 168 billion during 2017-2019

* Moody's says funding need set to rise in France, UK, while in Germany expect a continued reduction due to strong tax revenue growth and self-imposed deficit limits Source: [bit.ly/2sKGVFl]

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