How he lost 12% of GDP and 0.1% it is needed to rescue pensions
The most compelling reason that gives the executive and specifically in Spain Rajoy is to keep pensions in line with the CPI whopping 2,300 million euros, 2.3 billion euros would come to be expressed in full (few zeros) it would be needed .
For anyone who does not understand state finance this amount may seem exorbitant and reasonable explanation of executive and although obviously not me to decide the state budget, we find the following data last news
We lost 4,000 million
We lost 9124000
We lost 15,124,000 (highways remain private or privatized again plans)
We lost 77,878,000 (banks remain private wells and profitability)
We lost 125 878 000
We lost 129 878 000
We lost 136,678,000
We lost 147,678,000
We lost 148,239,000
148,239 million euros that are neither more nor less than 148,239,000,000.
A staggering figure compared to what is necessary to maintain a dignified manner to those who have worked all their lives.
This figure comes from a political race that rules for companies, for the highest incomes and in general for those who once ended his political career will provide a hollow under his wing.
The most compelling reason that gives the executive and specifically in Spain Rajoy is to keep pensions in line with the CPI whopping 2,300 million euros, 2.3 billion euros would come to be expressed in full (few zeros) it would be needed .
For anyone who does not understand state finance this amount may seem exorbitant and reasonable explanation of executive and although obviously not me to decide the state budget, we find the following data last news
We lost 4,000 million
We lost 9124000
We lost 15,124,000 (highways remain private or privatized again plans)
We lost 77,878,000 (banks remain private wells and profitability)
We lost 125 878 000
We lost 129 878 000
We lost 136,678,000
We lost 147,678,000
We lost 148,239,000
148,239 million euros that are neither more nor less than 148,239,000,000.
A staggering figure compared to what is necessary to maintain a dignified manner to those who have worked all their lives.
This figure comes from a political race that rules for companies, for the highest incomes and in general for those who once ended his political career will provide a hollow under his wing.
Rescue highways A day after racanear pensions, the government rescues another highway
- View Original
- March 14th, 2018
The Ministry of Public Works assumes this Thursday managing the AP-36 Ocaña-La Roda , which will thus be the third way of payment of nine are bankrupt of which the government is responsible, according to sources of the current concessionaire of the road.
Promotion keeps this highway one day after the Prime Minister, Mariano Rajoy, only offer some small increases in minimum pensions and always conditional on the state budget are approved .
The Executive and took on 21 February radial R-4 Madrid-Ocaña and March 1 also went on to manage the R-2 Madrid-Guadalajara .
Now, the Ministry, through SEITTSA, takes 0.00 hours on Thursday the AP-36, a route length of 125.7 kilometers, an alternative to the Valencia road, daily use about 3,156 vehicles.
Seitsa assumes infrastructure, management, operation and maintenance , and its staff, replacing its current concession company, a firm owned by Ferrovial, Sacyr and Kutxabank has broken with a debt of 527 million euros.
Building trust take the remainder of March the other two radial (R-3 and R-5) and the road linking Madrid Barajas Airport. Also, on April 1 will assume the Alicante and Cartagena-Vera.
As for the AP-41 Madrid-Toledo, it will be the last to be rescued, since the process of bankruptcy by which have passed nine tracks accumulates a greater delay in the case of the latter, so that has not yet reached clearance phase.
These highways are so early that the State has under management in more than a decade
These highways are so early that the State has under management in more than a decade after that in May 2006 the then privatized Empresa Nacional de Autopistas (ENA).
Also, the Administration goes assume six years after that in 2012, during the crisis, was declared insolvent and bankruptcy by the collapse of traffic and the additional costs faced by the expropriations.
These nine tracks streams are an almost one-fifth (570 kilometers) from the payment network. Its construction involved an investment of 7,000 million and currently support a debt of 3,200 million.
- View Original
- March 14th, 2018
The Ministry of Public Works assumes this Thursday managing the AP-36 Ocaña-La Roda , which will thus be the third way of payment of nine are bankrupt of which the government is responsible, according to sources of the current concessionaire of the road.
Promotion keeps this highway one day after the Prime Minister, Mariano Rajoy, only offer some small increases in minimum pensions and always conditional on the state budget are approved .
The Executive and took on 21 February radial R-4 Madrid-Ocaña and March 1 also went on to manage the R-2 Madrid-Guadalajara .
Now, the Ministry, through SEITTSA, takes 0.00 hours on Thursday the AP-36, a route length of 125.7 kilometers, an alternative to the Valencia road, daily use about 3,156 vehicles.
Seitsa assumes infrastructure, management, operation and maintenance , and its staff, replacing its current concession company, a firm owned by Ferrovial, Sacyr and Kutxabank has broken with a debt of 527 million euros.
Building trust take the remainder of March the other two radial (R-3 and R-5) and the road linking Madrid Barajas Airport. Also, on April 1 will assume the Alicante and Cartagena-Vera.
As for the AP-41 Madrid-Toledo, it will be the last to be rescued, since the process of bankruptcy by which have passed nine tracks accumulates a greater delay in the case of the latter, so that has not yet reached clearance phase.
These highways are so early that the State has under management in more than a decade
These highways are so early that the State has under management in more than a decade after that in May 2006 the then privatized Empresa Nacional de Autopistas (ENA).
Also, the Administration goes assume six years after that in 2012, during the crisis, was declared insolvent and bankruptcy by the collapse of traffic and the additional costs faced by the expropriations.
These nine tracks streams are an almost one-fifth (570 kilometers) from the payment network. Its construction involved an investment of 7,000 million and currently support a debt of 3,200 million.
Rescue and subsequent privatization
The Development Plan for these highways is to assume its management as its existing dealerships will enter into liquidation and exploit them for a few months, until the second half of the set year the public tender to re-privatize and lease back their exploitation to private companies.
The Ministry has begun to take over the management of highways to ensure they remain in operation while, in parallel, manages the need to resolve their concession contracts administrative process.
Once contracts are resolved will start running within six months that Public Works has to determine and pay the current concessionaires the amount invested in construction and had not yet recovered with toll collection, the so-called liability administration (RPA).
This is a bill that the government estimated at 2,000 million euros , but creditors of the roads rise up to 4.500 million .
Fomento expects this amount to reduce what relicitar kick the tracks, between 700 and 1,000 million euros, but has already acknowledged that this amount will not cover in full operation and thus affect the public deficit this year.
The Development Plan for these highways is to assume its management as its existing dealerships will enter into liquidation and exploit them for a few months, until the second half of the set year the public tender to re-privatize and lease back their exploitation to private companies.
The Ministry has begun to take over the management of highways to ensure they remain in operation while, in parallel, manages the need to resolve their concession contracts administrative process.
Once contracts are resolved will start running within six months that Public Works has to determine and pay the current concessionaires the amount invested in construction and had not yet recovered with toll collection, the so-called liability administration (RPA).
This is a bill that the government estimated at 2,000 million euros , but creditors of the roads rise up to 4.500 million .
Fomento expects this amount to reduce what relicitar kick the tracks, between 700 and 1,000 million euros, but has already acknowledged that this amount will not cover in full operation and thus affect the public deficit this year.
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