Dresden Approves €220 Million Debt to Address Infrastructure Crisis

The city's first borrowing in 20 years will fund critical bridge repairs and reconstruction while preserving public services.

The Dresden city council approved a €220 million debt-financed budget for 2025/2026, a historic shift after two decades of debt avoidance.
The decision was driven by the collapse of the Carolabrücke in September 2024, highlighting the urgent need for infrastructure investment.
Funds will primarily go toward repairing and rebuilding the Carolabrücke, Nossener Brücke, and Blaues Wunder, with €212 million already allocated for these projects.
The budget compromise, supported by a coalition of CDU, Greens, SPD, and FDP/Free Citizens, minimizes cuts to public services, including transportation and social programs.
Future property tax increases starting in 2027 are included in the financial plan, though their implementation depends on economic conditions.