Who is financing, real, substantial debt of Valencian Community, the second highest of all the autonomous communities and that has now reached 16% of our GDP? The answer, shattering, is in large part do those providers of management who are not paid in due time. Told me a friend, with tears in his eyes, that you have made an investment in r & d due to a subsidy promised by the Generalitat and that when you go to collect it, in November 2009, they referred him to March of this year, then to June and finally last month confessed to him that they were unaware when could perceive it. Now, the man meditates close your business. This situation is not unique. 21% Of Spanish SMEs destroyed this year are Valencian, when our community is home to only 12% of small enterprises in the country.
Of course, the reasons for this disaster are varied. Some of them, common to the whole country: for example, paying VAT to the Treasury when becomes a Bill and not when you are charged, sometimes a year After issuing it or never, if necessary. And why has not modified this norm Rodriguez Zapatero? Very simple: because damaged the State coffers would suffer with it a severe blow, given the general atmosphere of default public and private. Another new way of direct financing by the citizens of the debt of the Generalitat is the acquisition of patriotic bonds that will be issued this month and which, in addition to contributing 1 billion with which to fill some holes, reduce delays in payments from the Administration to 60 days, according to Vice President Gerardo Camps, who argues, without proof of thatthat today only they take 98 days! But there is a law passed by Congress last March that sets the current maximum limit in 55 days, and 30 for the next 2013? Is that the laws of this country are to be violated even by those who enacted them. There is no doubt what is the success of the Valencian bond issue, given the difficulty of the community go to the capital market After the recent lowering of rating agency Moody s because of uncertainty about the region’s ability to meet the deficit target of GDP, set by the central Government in 2.4% and 1.3% in 2010 and 2011, respectively. If Catalonia, worse qualified us, has obtained popular funding, do not do the same?, has due wondering the Consell chaired by Francisco Camps after having initially criticised the cost of 7.75% of Catalan, just as the fixed emission now by the Generalitat.
The success of the placement of the debt of Catalonia is due to its profitability and people have much money saved in the mattress because of his mistrust in the financial system, says an economist friend, who just failed to get 36% of the bonds you requested because of excess demand. It is seen that the citizens still believe, rightly or wrongly, the public administrations may not break, so it will continue attending successive emissions. Another thing is that the organs of the State will reduce their expenses: is an absurdity that Artur Mas I presume from that adelgazara the Government. How? It will bounce a lot of officials? Surely not. It is like the reduction of the central government ministries: Bibiana Aido and his team have been absorbed by Leire Pajin. Where you are, thus saving? That is, that according to my friend, we will continue paying them.