FINANCING OF THE PUBLIC ENTERPRISES OWNED BY MUNICIPALS

Autor razmatra problem izbora modela fi nanciranja gradskih poduzeća. Budući da postoje stavovi da se prihvati model financiranja osnivanjem gradskih komunalnih banaka, autor izlaže kretanja na financijskom tržištu, pravnu regulativu, opisuje način financiranja lokalnih uprava i njihovih poduzeća u Europi i navodi argumente protiv osnivanja gradskih komunalnih banaka kao alternativnog modela financiranja gradskih poduzeća.The author examines the issue of the selection of model for municipal enterprises financing. As there are some attitudes to accept financing by establishing municipal banks, the author exposes the trends on financial market, legislation, describes financing of local administration and their enterprises in Europe and states arguments against establishing municipal banks, as an alternative model for financing municipal enterprises