Showing posts with label Marbella Town Hall debt continues to increase. Show all posts
Showing posts with label Marbella Town Hall debt continues to increase. Show all posts

Wednesday, 7 September 2011


Despite paying off a million € every month to Hacienda and Social Security, the debt at Marbella Town Hall is continuing to increase. The million € payment is only covering the interest generated on the debt amassed in the 15 years of the GIL administration in the town when the Mayor was the late Jesús Gil y Gil. The debt which remains is put at some 300 million €, and the administration led by the PP Mayor, Ángeles Muñoz, says the Town Hall is suffocated. Three moratoria and different agreements reached between the Town Hall and Central Government have not solved the matter. Hacienda and Personal coordinator, Carlos Rubio, has said that there are already judicial sentences in favour of the Town Hall worth some 400 million €, and he told La Opinión de Málaga that this should be taken into account. The Mayor travelled to Madrid on Monday to meet with the PP Economy Spokesman in Congress, Cristóbal Montoro to discuss the matter. They agreed to present Congress with the proposal to allow debt payments to be linked to the judicial processes which are open, investigating the differet corruption cases which have emptied the public purse in Marbella. The PP notes however that the PSOE does not want to get implicated in the problem.


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