surinenglish

Marbella council's debt with the authorities falls by 100 million euros in a decade

  • The money owed to the tax agency, social security service and the Junta de Andalucía regional government still stands at around 280 million euros

Over the past ten years, Marbella council has succeeded in paying off almost 100 million euros of the debt with national and regional government it inherited after 15 years of rule by the administrations of Jesús Gil and his allies. In April 2006, central government had to take direct control of the council for a year in a mounting corruption scandal.

The money owed to the tax agency, social security service and the Junta de Andalucía regional government still stands at around 280 million euros; 54 million is owed in tax, 164 million in social security and 61 million to the Junta for a cash bailout.

Some money has been recovered by offsetting sales of seized corrupt assets, while most has come from payouts in installments from council funds and surplus cash. Originally it was planned to repay it all by 2053 after the current mayor negotiated a deal in 2012. Now the debt is expected to be paid back by 2047.