Portal de Fuente Alamo
www.portaldefuentealamo.com
Fuente Alamo City Council on Monday held an extraordinary plenary session to authorize an operation of long-term credit, amounting to € 7,219,575.99, towards the payment of vendor invoices and under the special scheme regulated by Royal Decree-Law 4/2012.
The agreement was adopted with the votes for PP and CIFA, and the abstention of the PSOE.
In the words of his spokesman, Antonio Jesus Garcia Conesa, "the Socialist Group shares the philosophy of this payment plan, as a lesser evil because it is always better due to banks to suppliers, many small businesses and freelancers who are Municipal delinquencies suffering. "
But justified his group's refusal to vote in favor of the operation in a variety of reasons, such as the failure of previous Adjustment Plan, submitted and approved without negotiating with the opposition and which will not cover anticipated savings, even remotely, the annual fee City Council will meet on the loan and the interest rate uncertainty, linked to the cost of financing the 10-year Treasury, which determined that the transaction has a high financial cost to the City Council.
Conesa Garcia recalled that the city government led by the mayor, M. ª Antonia Conesa, is responsible for having created the need for this loan policy of uncontrolled government spending, which generated debt and default before the start of the crisis , overspending which began to be noticeably reduced until it became the municipal elections of May 2011.
Source: PSOE Fuente Álamo
Privacy policy
- Legal notice
- Cookies