Victor Gill // SPAIN: The government will help Catalonia to avoid bankruptcy but “will be vigilant” – EntornoInteligente

Victor Gill // La Razon / The Deputy Prime Minister Soraya Saenz de Santamaria, said today that the government will help finance of Catalonia and those of any other community if it meets the required obligations.

Saenz de Santamaria has referred to the request for assistance to the Government of Catalonia debt maturities in an interview on Spanish TV. The vice president has ensured that the government will help finance any community “equal” as said held throughout the last term.

He recalled that one of the first measures of the Government of Mariano Rajoy was paying suppliers administrations and considered that was a key to ending the crisis and Catalonia was one that initiative more funds received.

it has also indicated that in November 2015 the Executive Committee on Economic Affairs decided the implementation of the Regional Liquidity Fund (FLA) to all communities but with special conditions for Catalonia.

A conditionality for its special position in the rating agencies and by the fact that the government wanted to be completely sure that the fate of that money out defray essential public services in Catalonia.

therefore, a series of obligations that it has recognized that the Catalan government is doing, such as transparency in bills settled.

Consequently, it has insisted that SPAIN : the government will help Catalonia to avoid bankruptcy but “will be vigilant”

Information La Razon

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