
National
MPs vote against Madrid spending council savings to help bail out national finances
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The government has suffered a defeat after MPs failed to back a scheme to use local council savings to help bail out national finances. Town halls have some 14 billion euros in total in their bank accounts that they aren't allowed to spend ... councils spend five billion euros of these savings, in return for giving it all over to central government first. Only coalition partners, PSOE and Unidas Podemos, backed the plan. Despite agreement to the idea from the local government association