In time of an economic crises, Municipality have a much simpler making of bankruptcy than national government. Same on household. But I call Eurozone worse beca

In time of an economic crises, Municipality have a much simpler making of bankruptcy than national government. Same on household. But I call Eurozone worse because ECB have less room on moving interest rate so fewer tools. My above point more was that both are in badly because of never recovering after the previous issues.