Portal de Murcia
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The Socialist Party councilor Juan Patricio Castro says PP mismanagement of city for not paying on time and its suppliers in 2011 and being forced to qualify for the credit of the Government of Rajoy assumed that only in this quarter , the City has to pay a whopping € 600,000 in interest.
Until the end of this year and if conditions do not change, said Castro may update the quarterly interest rate is higher by speculative movements of markets as the risk premium is higher today than it was three months, so that the Consistory pay over 1.4 million not budgeted for interest.
In addition, the PSOE mayor recalled that the credit requested for payment to suppliers has finally been 41.5 million euros (the first for more than 39 million euros in late May and recently approved in July, for 2 , 5 million).
The credit-goes-Castro joined the long-term debt that the City Council had earlier this year that the debt will reach the figure of 234 million euros.
"A bad management, especially if we remember that in the memory of the budget, the PP launched with fanfare that one of his goals was to reduce the debt per citizen".
434 to € 529 per citizen
However, the Socialist councilor explained that while Murcia debt in late 2011 was 434 euros, with the total debt of the City of 192 million, in 2012 per capita debt will soar to 22 percent, reaching very likely the 529 euros per citizen.
"A bad year in managing the accounts of the City Council to pay the city back, watching him reduce services and raise taxes, in addition to small and medium enterprises which are not paid in a timely manner" stresses Castro, who complains that "while this happens the banks always win, get paid in a timely manner and in recent times until it increases your bottom line with significant new loans."
Source: PSOE Murcia
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