Portal de Ceuti
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The City of Ceuta save 910,000 euros renegotiating the "Provider Payment Plan", as approved by the municipal plenary, despite the refusal of the PSOE and IU abstaining, irresponsible according to the mayor, Juan Felipe Cano, who reproached opposition against the interests of the people.
Were the votes of People Group, a majority in the Corporation, which gave its approval to the extension of the grace period, two to three years, the loan taken by the city in 2012 to pay the debt with their suppliers, a total of 14, 3 million.
Along with this extension, the Popular group approved new financial terms to repay the loan, representing a reduction of 1.3 percentage points of the interest accrued during the ten year term of repayment agreed.
Source: Ayuntamiento de Ceutí
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