Monday, August 12, 2013

Clutching at straws

The deadline for submission of the town’s budget plan to the Ministry of Economy expires on September 30 and so the ruling party  want to gain approval for it before then.

The problem is that the PP only have five councillors and so can be outvoted by the opposition. Charo Bañuls is therefore seeking support from the PSOE and the former mayor, Raul Valerio Medina who she hopes will act responsibly.

The consequences of not having an approved plan could be dire because creditors may then seek compensation through the courts further increasing the town’s debt. 

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