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"Archena path of economic collapse," said Win Archena (08/08/2016)

At the extraordinary session Monday August 8, 2016, the City of Murcia approved, with the only votes for the PP, the request for a new loan of nearly three million euros and new adjustment plan.

From Winning Archena we express our deepest rejection of the economic policies that the PP is taking place in our town and, to our knowledge, we are avocando to a dead end.

In 2012, the City of Murcia, like many others, reaches a state of economic collapse by accumulation of payment to suppliers.

In this situation enlists the help of provider payment plan in the form of credit € 18,051,611.

The granting of this help was linked to an adjustment plan to pay it off and until 2014 was available a grace period in which only interest is paid;

those two years would be extended to other two and so far only interest has been paid.

Now the City Council must face the first maturities of principal and interest and, despite having paid more than 1.7 million euros, these have only been directed to pay interest.

That is, until now it has been "giving the ball forward," without addressing the real problem that time comes inescapably: but our consistory, far to try to correct the municipal accounts to straighten a balanced budget, has not done nothing about and approved the request for a new loan to meet the redemption of 2,811,000 €.

But what will happen next when you have to deal with another such amortization ?, And the next year and successive? Year ... we continue asking for a loan after another looking for that we are only obliged to pay interest ?. .What happens when we are unable to pay the interest?

In Win Archena understand that borrow loan after loan just to pay other is a vicious circle which is difficult to get out.

With this we are only digging a hole to plug another, but leave a gap.

In finance this means that although you can easily get out of debt, will stay again trapped in another, so you're not solving the problem but creating a new one.

Ask for a loan to pay off another is a common behavior in people despair of being in debt.

Although it may seem the simplest solution, indeed it is not, as the debt continues to grow, more interest is generated and is not achieved out of the circle.

A circle in which we are more than 20 years with the economic policies of the Popular Party in the town of Archena.

From Winning Archena, we understand that these more than 20 years of absolute majority of the PP, have led us to a situation of total collapse almost inevitable if not corrected soon.

In this sense we understand to be addressed as soon as possible remodeling of the municipal accounts, with real measures and payment plans credible debt.

And in this sense, we must be consistent with the much publicized policy of transparency and inform the people of the particular situation that we, instead of sending messages and surplus triumphalistic so far from reality.

Source: Ganar Archena

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