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The Government has announced that the interest rate on the debt operation to pay providers according to RD 4/12 is 5.9%.

Alguazas has signed a EUR 2,271,473.15 operation will almost € 800,000 in interest paid to banks neighbors.

It has already been announced and the bills that the PP has left in the drawers in recent years without paying much more expensive will the neighbors of Alguazas.

Specifically, Alguazas has signed a debt operation ten years (two of deficiency) in the total amount of 2,271,473.15 euros.

To this amount, applying the 5.9% interest imposed by the Government of Rajoy, an increase of almost 800,000 euros in interest.

"These interests will be those who pay Alguazas neighbors, and all because of the bad management of the PP, at least, should apologize to the neighbors or they assume the costs," says José Gabriel.

UXA advocates to hold accountable local politicians have been guilty of this situation, both PP and PSOE, and not to allow our people to be mortgaged for so long.

"If the PP had not been leaving bills unpaid, we would not have to give 800,000 euros to the banks, but destinaríamos that money to help all people and citizens of the town and invest in our people."

Unit spokesman for Alguazas, Jose Gabriel Garcia Bernabe, has lost the opportunity to remind the PP "are always clean up public money to private banks that only aims to benefit its shareholders, while the municipalities never have money . This RD is more government aid to private banks, who will profit amounting to 6,000 million euros, we can not tolerate our citizens we pay 1% to banks by the ECB and the banks then we I pay 5%, this only represents a windfall for some and a mortgage for thousands of municipalities. "

Including the new debt, the current outstanding debt with financial institutions in excess of five million euros, representing a debt level of 70%, a figure that exposes the evil work of the PP.

"The easiest thing is to blame the economic crisis, but the real culprit is the Popular Party is the ruler of this local authority, it is very easy to attribute all problems to the crisis, but it began in 2007 and has continued spending without address the situation "Garcia said Barnabas.

Source: UxA