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The economic vice president signs loans with eleven financial entities to the value of 842,5 million to pay the pending bills with the suppliers

Most current: 22/06/2012

The vice president economic|economical, of Entrepreneurial Promotion and of Employment|Occupation, Josep Ignasi Aguiló, has signed several loans with representatives of eleven financial entities to the value of 842.508.644,56 € to make source|fountain in|on the payment of the pending bills with the suppliers of the CAIB and the dependent entities of his|hers|theirs, within the framework of the extraordinary mechanism of funding started off with this purpose by the Department of Treasury and Public Administrations. In the event|act there is also general of the Treasure and Financial Policy|Politics, José Vicente Marí, the director been present.

The financial entities with which the Government has signed these operations and the respective amounts are BBVA (114.336.848 €), Bankia (114.336.848 €), Banco Santander (114.336.848 €), Caixabanc (114.336.848 €), BMN (96.627.316 €), Banco Popular (87.224.919 €), Banesto (48.461.097 €), Banco Sabadell (41.004.895 €), Cajamar (37.281.008 €), Banco CAM (37.281.007 €) and Bankinter (37.281.007 €).

It is necessary to remember last Friday, the Cabinet Meeting authorizing the Autonomous Community of the Balearic Islands to subscribing long-term loans for an amount of 842,5 million euros, derived from the extraordinary mechanism of funding to pay the suppliers of the autonomous communities.

Of this mechanism 3.859 suppliers of the Islands will be seen benefited with bills included in the area of application of the Agreements of the Council|Piece of Advice of Fiscal and Financial Policy|Politics and of the Commission Delegated On of the Government for Economic|Economical Matters of 6 and 22 March 2012, respectively.

In total, 245.339 bills corresponding to period 2011 and former exercises will be able to be cashed.

The suppliers with pending bills and who have been included in this mechanism of payment will start to cash the bills shown|presented by the CAIB the last week of this month of June.

The definite conditions of the indebtedness that they have been agreed on within the framework of the extraordinary mechanism of funding for the payment of suppliers are those that have fixed the Department of Treasury and Competitiveness and the Department of Treasury and Public Administrations in agreement with the that they establish the Agreement of 22 March 2012 of the Commission Delegated On of the Government for Economic|Economical Affairs and the Royal decree-law 7/2012, of 9 March, by which the background|bottom for the funding of the payments is created to suppliers.

Injection of liquidity

The Government of the Balearic Islands values positively this injection of liquidity to the companies of the archipelago that debts with the CAIB had, since it|he|she means a beneficial economic|economical impact for the Balearic economy|economics.

The Government complies like this with the demand|lawsuit of the suppliers of the Islands of charging|collecting the debts pending of former exercises.

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