FCC has taken the 1,122 million for municipal debt
The FCC group has claimed the 1,122 million euros for unpaid bills that kept several local corporations, announced today by the National Securities Market Commission (CNMV).
In this way the company has received the total amount expected charge of local government this year, while others remain outstanding 300 million euro of regional governments and other authorities, who expects to receive before June 30.
The autonomy bills could add those for other public bodies, such as associations, not included in the first two phases of Provider Payment Fund launched by the Government.
This is because not exhausted the total amount available from the Fund of 35,000 million euros, FCC explained in the statement.
The group has already explained that 79% of the amount owed the government was linked to the defaults for the environmental services provided by the group.
The CEO of the group, Falcones said last week that the goal was to use this capital to the “debt reduction” to place it at 4,500 million euros, compared to 6.964 million that was the end of first quarter.
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