Motril town hall falls further into debt

Russia considers leaving WHO and WTO amongst other World organisations Credit: Creative Commons

THE spokeswoman for the socialist party in Motril announced that the local Partido Popular team had been forced to ask for a loan.

Flor Almon said that the municipal coffers are depleted to such an extent that the local government has had to become further indebted and has requested a loan for more than €2.6 million from the BBVA bank.

They have 36 months to pay it off and the interest on late payment is 18 per cent. Almon criticized that an urgent plenary meeting to approve the loan had been called with less than 24 hours warning, which didn’t give the PP time to consider.

She questioned whether the bank had given the council an ultimatum or whether the mayor, Carlos Rojas, had “suddenly realized” how much the town hall owes.

The debt amounts to more than €13 million to banks alone, plus what it owed to providers.

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Euro Weekly News Media

Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

Comments


    Leave a comment

    Your email address will not be published.