FEDERACION ESPAÑOLA DE MUNICIPIOS Y PROVINCIAS

Zapatero announces a line of credit to finance the payment ICO providers Councils


The Prime Minister, José Luis Rodríguez Zapatero, announced yesterday during the debate on the State of the Union approved new measures to the municipalities to cope with the payment of suppliers, especially SMEs and freelancers. Specifically, he referred to an ICO credit, without specifying the amount.



In this debate, Zapatero said the government will propose, under the Council of Fiscal and Financial Policy, which is scheduled to meet in July, approving a spending rule for regional governments, similar to what will be approved for state and local entities.

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