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136 resultados para 'debt'

NOTICIAS 136 noticias encontradas

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14:29

Local

Late bill payments trigger black-outs at Torremolinos council buildings

ALBERTO GÓMEZ

...public buildings, including the town hall itself, where for days it has not been possible to print documents. Torremolinos currently has a debt of over 140 million euros. The latest report from the Finance ministry reveals that the average payment time

13:40

Local

Owners of second, holiday homes owe the most property service fees

ana pérez-bryan

...by the association that represents managers of residential communities in the province says that, in total, 60.4 million euros were owed by owners for the common services in their complexes. Almost half this debt was down to owners of second homes, ... who usually don’t live in them and who pay up last, says the association. This problem is particularly acute in the coastal areas, which has the highest amount of tourist properties. Of the total amount of properties in debt, 49 per cent were on the ... de Administradores de Fincas de Málaga y Melilla, the official body behind the study, highlighted that Brexit and the corresponding drop in the pound sterling’s value caused an increase in debt from British second-home owners, however he also added that there has

17:58

National

"We'll keep bringing taxes down," says regional finance minister

JOSÉ VICENTE ASTORGA

...income tax band that is levied regionally to bring it down to the national base. He explained that the rules for the regional budget for next year were "limit debt, control expenditure and zero deficit", which meant organising the regional finances, ... "just like any family does... not running up more debt than it can afford to pay back and not having out of control spending". He criticised the former Socialist regional government, saying that "everyone in Andalucía, each one of you, your children ... and even in some cases your grandchildren, will have to pay 25 euros a year for the next 20 years to return the six-billion-euro debt run up between 2008 and 2010. Next year's budget Juan Bravo promised to maintain and "hopefully increase" budgets

12:44

National

Unicaja Banco profits rise 12% in first nine months of year

JOSÉ VICENTE ASTORGA

...seventh biggest in Spain, highlighted the rise in gross margin (6.8%), a reduction in running costs of 12 million (-2,5%) and lower exceptional provisions due to a decrease in "unproductive assets" (largely bad debt and repossessed properties), reaching ... its 2020 reduction target ahead of time. The reduction in problem assets has helped a fall in bad debt of 2.8 percentage points to 4.7%. Despite offloading some of its problem assets, a total of just over 1.5 billion euros is still on the books, a

13:15

Opinion

Will bonds really protect you in a crisis?

JEREMY BLATCH

...corporate bond market fell heavily with it. This happened as investors sold the debt of companies most vulnerable to default. Investment grade debt also fell along with equities, although not as much. In both these cases, holding high-yield bonds and some ... investment-grade debt would not have protected the investor, but would have increased the loss. In contrast, US Treasury bond prices rose substantially when equities declined. Investors sought a safe haven from the chaos pushing up prices and allowing holders of

13:31

Opinion

REITs - an alternative to 'bricks and mortar'

JEREMY BLATCH

...estate, in terms of risk and return, between higher equity risk and the lower risk of debt. The real estate market is cyclical, driven by supply and demand. High quality holdings produce significant levels of current cash flow, generated by long-term lease

11:45

Local

Estepona to invest more per person than all other councils in Malaga province

CHARO MÁRQUEZ

...goes to investment in the municipality, says the town hall. Debt reduction According to the budget plans, the council's debt will also go down faster than expected. A key aim of the current council is to reduce the money the town hall owes from the ... 300 million euros debt it "inherited" when it took over. The target reduction was originally 25 million euros a year, but now town hall bosses think the debt repayments can be increased and reach between 27 and 35 million euros a year. At the end of ... 2018 the debt had already been reduced to 150 million euros. The councillor for Finance at the town hall, Manuel Águila, has said that the debt with the tax authorities, the regional government, the provincial authority and private companies providing