The economic responsible Municipal Socialist Group, Rafael Ruiz, reported that "the Ministry of Finance and Public Administration offers local authorities the ability to modify the terms of the Plan Provider Payment., This Ministry has issued the debt of local as of December 2013, which in the case of Lorca Excmo.Ayuntamiento totals more than 72 million euros, largely due to loan them signed during the Plan Provider Payment "31 states.
Ruiz said that "the Ministry, through the Government Commission for Economic Affairs, has agreed to a modification of the conditions of that loan Provider Payment Plan (published today in the Official Gazette) as these were clearly detrimental , onerous and burdensome for local entities. Recognizing this error, it is now more flexible and change these conditions, rebajándolas, whereof we are glad. Indeed, the Municipal Socialist Group filed a motion in a recent plenary session, which was approved unanimously by all political groups. "
The Socialist councilor detailed "three possibilities for the Ministry to be chosen by the municipalities, which are set out in summary: 1) Extend the waiting period of 2-3 years, keeping the amortization period of 10 years and reducing the rate interest at 1.31%. 2) Reduce the interest rate 1.40% maintaining current amortization periods (10 years) and period (two years, and about to be fulfilled). 3) Extend the period amortization of 10 to 20 years, waiting period of 2-4 years, and the interest rate reduction of 0.41%, although this option is for municipalities with negative financial situation. "
"From the Municipal Socialist Group requested that the Excmo.Ayuntamiento Lorca to get to work as quickly as possible and choose the most beneficial solution for the entity, and also because the number of years for repayment of the loan will Corporations affect future request that the government team, in the interests of transparency and participation, given the opportunity to Opposition Groups to collaborate on this issue by convening and discussing the options on the Economy and Information Commission Finance and the House of the Municipal Corporation "has ended.
Source: PSOE Lorca