Sunday, December 28, 2014

The municipalities may use their surplus from 2015 to … – Yahoo Finance Spain

The municipalities may use their surplus from 2015 to … – Yahoo Finance Spain

Madrid, December 28 (EFE) .- The municipalities may use their 2015 budget surplus “investments that can be sustained financially,” just as requested by the Spanish Federation of Municipalities and Provinces (FEMP) and collects the Royal Decree of financial sustainability approved Friday by the Council of Ministers.

“I hope that (so far) receives the recognition of all political forces, who had requested the FEMP “said Efe Undersecretary of Regional and Local Policy PP, Javier Arenas, who stressed that nine out of ten municipalities now have budget surplus.

This is because -has Arenas- argued not only that the government of Mariano Rajoy has been “the most municipalist history of democracy”, but also because it has “coincided with an extraordinary picture of Spanish mayors” .

In his view, have not been immune liquidity funds and especially the provider payment plans that were “historic in the worst years of the crisis” and that “saved thousands of jobs.”

Despite this surplus, the ‘popular’ leader was convinced that the aid package approved Friday by the government “comes in handy” to local authorities.

A this regard has highlighted the fund management for local authorities who are still at risk, fund economic boost for corporations that meet stability and social fund liquidity to pay the debts of communities to municipalities on social services.

According to his data, the impact of these three measures are quantified at around 2,000 million euros.

In addition, municipalities may return in ten years negative assessments 2013, he noted.

In response to criticism of the Government of the Community of Madrid (PP) about funding measures that believeth not benefit you, Arenas has argued that “any autonomous community may complain of government action “and that” absolutely all have been benefited, both which had joined the FLA and payment providers such as those left out. “

” You can analyze which have more or less benefit, but none can claim any prejudice “he stressed

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