Friday, December 26, 2014

Catalunya is the CCAA more save with new facilities … – EntornoInteligente

Catalunya is the CCAA more save with new facilities … – EntornoInteligente

Home & gt; International | Posted on Friday, December 26, 2014
Catalunya is the CCAA more save <- - AUGURE_TITULO_INICIO!> with new financing facilities

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The Information .com / MADRID, 26 (EUROPA PRESS)

Catalonia, Valencia and Andalusia are the three autonomous communities get greater savings by 2015 thanks to new facilities financial approved Friday by the Council of Ministers. Specifically, these three regions will save 1.843 million euros, 1170.8 and 922, respectively, as reported by the Ministry of Finance.

According to the same sources, the number of total savings which will provide these new measures to Autonomous Communities and Local Government reaches 7431.99 million euros, of which correspond to 5811.49 1620.4 Communities and local corporations.

These new measures, which Communities and Local Entities eligible voluntarily and were agreed on Tuesday with the National Commission for Local Administration (CNAL) and the Council of Fiscal and Financial Policy (CPFF), offers the possibility that it is the State that issued the debt of all public administrations to refinance loans plan payments to suppliers and Regional Liquidity Fund (FLA), and all at an interest rate of 0% in 2015.

As refers to the autonomies, the government has created a new global fund for communities that have three modes: a financial facility for compliant Communities, which may be financed with zero debt the next three years; the FLA, by which the already adhered Communities may restructure its debt, 2012, 2013 and 2014 and financed at 0% in 2015; and the Social Fund.

According to data provided by the Treasury on Friday, Catalunya would benefit most in terms of savings, 1,843 million euros. Followers Valencia, with 1170.8 million; Andalusia, with 922 million; Castilla y León, with 434.68 million; Murcia, with 230.9; Madrid, 219.63; and the Balearic Islands, with 216.9 million euros

Below 200 million savings Canaries are located, with 177.6 million.; Castilla-La Mancha, with 153.4 million; Galicia, with 125.01 million; Aragon, with 83.88; Asturias, with 81.8; Cantabria, with 69.5; Extremadura, with 35.1; Basque Country with 21.6; La Rioja, with 16.59; and finally Navarra, with 8.4 million euros in savings.

These figures are savings relate to the amounts that the Communities have requested and to FLA and Provider Payment Plan since 2012, if they did, and the debt that will face next year.

As reported Hacienda, the Communities have until January 20 deadline to decide whether to adhere the new fund. The Government’s aim is that, given the financing terms offered, all Communities chooses to use any of the forms and the Treasury is the sole issuer of debt in 2015.

The Ministry It is reported that the Communities adhered to FLA fulfill their goals of stability, can get out of this mechanism and enter the mode of financing facility, which means less control by the State parts thereof beneficiaries of this modality have to submit information every three months, but assume no obligation or cede powers -.

Meanwhile, the Communities that have not adhered to FLA and breach for more than six months, the average period for payment to suppliers shall be required to join the fund, to submit to the control conditions involved adhere to it.

COSTS NOT ADHERE TO FLA

Hacienda has also offered Friday data costs which has led them to the communities that benefited from the FLA financed the last three years, a period of 6.5 years. Of these, Madrid is the most cost has been assumed, with 875.86 million euros

Followers Basque Country, with a cost of $ 251.55.; Galicia, with 211.27; Castilla y León, with 186.83; Aragon, who has assumed a cost of 177.1; Extremadura, with 108.4 million; Navarra, with 55.43; and La Rioja, with 26.28 million.

Treasury has estimated these costs by comparing the differential on the cost of financing which were financed in the markets in 2012, 2013 and 2014 and those that would have funded mechanisms acceding

(EuropaPress)

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