Board urges the government to address the "shortest" funding and groups ask to defend the agreement of the Parliament

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The Junta de Andalucía has urged the central government on Wednesday to address “as soon as possible” the reform of the regional funding system, because there is an “imperative need” that this process is carried out from transparency and ensuring equality of opportunities.

Before the plenary session of the Parliament, both the Andalusian Government and the groups of PSOE-A, PP-A, Podemos and IULV-CA have considered that the document on regional financing that was approved by a large majority in Parliament is fully in force.

The vice president of the Board and counselor of the Presidency, Local Administration and Democratic Memory, Jiménez Barrios has pronounced on the issue of regional funding before the plenary in line with his appearance to account for the new structure of the Andalusian Government, which has led the creation of the ministries of Economy, Finance and Public Administration and of Knowledge, Research and University, after the departure of María Jesús Montero, former Minister of Finance and Public Administration, to be the new Minister of Finance.

The vice president has guaranteed that this new structure reinforces and accentuates the road map that is being developed in this legislature, with the priority of job creation and that economic recovery reaches families, and with a marked social character.

He pointed out that the Andalusian government will act as the “best ally” of the new national executive to reverse the situation of “immobility and inaction” of the previous stage of the PP, always with an eye on defending the interests of the Andalusians.

Thus, he wanted to make it clear that the Board will demand from the Government of Pedro Sánchez the same issues that he sued the Executive of Mariano Rajoy, some as important as the need for a new financing system and that Andalusia be endowed with the investments that correspond to it. according to its percentage of population in the whole of the State.

He has defended that the financing agreement approved by a large majority of the Andalusian Chamber is the “guide” that drives the actions of the Board president, Susana Díaz. It has indicated that the president will ask Sanchez, in the meeting that will be held shortly, the meeting of the Fiscal and Financial Policy Council (CPFF) to address the debate.

Jiménez Barrios has placed value on the political, economic and social stability of what Andalusia enjoys today, which is allowing, among other things, to advance in the creation of employment.


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For its part, the PP-A spokeswoman, Carmen Crespo, said that the position of Pedro Sanchez on regional funding evidence a “revenge” and a clear “slap” to Susana Diaz. He has reproached the president for his position of “conformism, surrendered and docile” after hearing the pronouncement of the President of the Government on financing.

Crespo wanted to make clear that the PP-A will meet with other groups when required, but has warned that Parliament has already positioned itself very clearly on regional financing and now “it’s up to” Susana Diaz to defend Andalusia from the “tyranny” that Pedro Sánchez is demonstrating with this land. In his opinion, Sánchez has two reasons not to open the debate on financing, which has to “pay favors” for the motion of censorship, at the expense of this community, and give a “slap” to Susana Díaz. He has shown his concern that “the war of egos and the ambition” of Susana Díaz and Pedro Sánchez have turned Andalusia into a “battlefield”.

The deputy of We can Carmen Lizárraga has indicated that the reform of the financing system “is the only important thing for Andalusia” and has valued that a meeting of the groups is going to be convened to defend the agreement that emerged from the Parliament. He pointed out that Pedro Sánchez’s position on financing is “unacceptable”.

He wanted to make it clear that Podemos will continue to defend Parliament’s position on regional financing and has denounced that 220,000 Andalusians are left out each year due to underinflation suffered by Andalusia.

The president and spokesman of the group of Citizens, Juan Marín, has pointed out that Sánchez’s pronouncement on regional financing makes the elaboration of public accounts “complicated”. He has indicated that Cs would re-vote “no” to the Parliament’s document on financing and has pointed out, however, that they will attend meetings with the other groups if they are called, although he wanted to make it clear that the working group has already completed its meetings. tasks and is not activated.

Also, Marín considered that it was not necessary, at this stage of the legislature, this new restructuring in the Executive, when it was only a matter of replacing Montero with another person. He has indicated that these changes do not obey to improve efficiency and only “confuse” citizens.

The parliamentary spokesman of IULV-CA, Antonio Maíllo, has indicated that although the Junta says that Andalusia has a “friendly” government with the arrival of Pedro Sánchez to Moncloa, until now it has been little friend, especially after the pronouncement of the president on the regional financing system.

He indicated that the parliamentary agreement on regional financing is still valid and must be ratified and the Andalusian Government has to rule after the new scenario proposed by Sanchez, and has asked the Board to require the Government that the CPFF be convened before the round of Sanchez with the autonomic presidents.

The deputy of the PSOE-A Ángeles Férriz has defended the “sensitivity” of María Jesús Montero on the need for a new funding model and has criticized that the PP-A “did not raise its voice even once” during the previous Government of Mariano Rajoy to denounce the underfinancing of Andalusia.

He has indicated that the “only” responsible for not having a fair financing is the Popular Party, because he did not want to address the debate during the years he has been in the Government of the nation.

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Mini loans give you a second chance to pay on time

One of the maxims that must always be met before applying for financing is to be sure that we can return the money within the agreed period. However, we can always be surprised by inconveniences that prevent us from repaying the debt on time, such as a delay in the collection of our income or a large unexpected expense that leaves our pockets empty. In these cases, 9 online guaranteed installment loans for bad credit tend to be understanding, since most offer the possibility of extending the repayment term for a few more days.

5 mini loans that allow the extension of the term

5 mini loans that allow the extension of the term

The possibility of requesting an extension is an advantage offered by the vast majority of companies that sell mini credits since they prefer that the customer later pay to not pay the money borrowed. The length of the extension of the reimbursement period may be longer or shorter depending on the policy of each company, although in general, it is usually about 30 more days. Let’s see what lenders will let us extend a mini credit if we can not pay the fee on time:

Even if they give us the possibility of extending the repayment period, it is always advisable that we pay the mini loans on time, since in order to request an extension we will have to pay the part corresponding to the fees in advance and, in many cases, we are also will charge a surcharge. However, despite these expenses, asking for an extension will always go much further than incurring the default of a mini loan.

What happens if I do not return a mini credit?

What happens if I do not return a mini credit?


Request an extension of the reimbursement period is a very good option if, because of a delay in the collection of our income or any other circumstance, we are not able to pay the fee on the due date, as this will avoid the fearsome penalties for non-payment. On the other hand, if we do not request an extension or the mini-loan company does not offer us this option, we will have to face the following penalties:

  • Commission for claiming debit positions: first, the company will charge us a surcharge of between € 20 and € 45 simply for notifying us that we have not paid the credit on time.
  • Interest on late payment: the lender will also apply higher interest rates than normal, which will increase our debt considerably for each day that passes.
  • The inclusion of our data in a file of defaults: another measure that companies usually take in the event that the delay is prolonged is to enter the data of the borrower in lists of defaulters such as ASNEF or EXPERIAN. Appearing in these registers will prevent us from accessing bank financing and many private lenders will not grant us their products either.
  • Hiring the services of a recovery company: it is also common for the lender to hire the services of a company specialized in the collection of defaulters.
  • The judicial claim of the payment of the debt: as a last resort, the company can denounce us. If we lose the trial, we will have to pay the full debt in addition to the late fees and court costs.

For all this, it is advisable that we only ask for mini credits if we can return the money on time and, if we can not, request an extension of the deadline or negotiate a payment schedule to avoid being penalized for the delay.

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Three months to shelve two centuries of history of the Savings Banks

The government buries in just eleven weeks a model to concentrate and bankize the sector

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From the very agitated meeting of the board of directors of the Spanish Confederation of Savings Banks (CECA) on March 17 at the Sevillian headquarters in Cajasol -situated with the resignation of the president, Juan Ramón Quintás- until the Council of Ministers on Friday 9 July has not been that long for savings entities. Just over a quarter in which, unfortunately, the delinquency will have increased a few tenths, have lost a few tens or hundreds of millions of euros of deposits and, most likely, will not have changed the impression that continues to cost God and help Find good clients to whom to grant a loan .

However, nothing is nor will be as before: the sector has lost tremendously in this period to be left with less than half of entities -from 45 boxes has gone to 19- and the Government has just passed a law that will propitiate more concentration movements and a gradual and radical change of model. At this point, few doubt that the savings banks, as such, are destined to disappear and become banks.

The winds of change began to blow at that meeting in Seville and now, seeing the sector or what is left of it, it seems that a hurricane has passed. Quintás failed to impose Amado Franco, president of Ibercaja, as successor before his imminent march, scheduled for two months later and had to leave. Franco, like Quintás, were seen as the immobilists, the defenders of a tradition and a way of doing things with which another majority disagreed and, above all, the Government, the PP and the Bank of Spain. But the blood, apart from that advice, never reached the river.

The relief in the CECA was postponed a month, until April 20, although the luck was already cast. The Government wanted a strong interlocutor in the sector, to defend their own ideas but, at the same time, be able to understand the magnitude of the change that was coming and put in the path to the rest of the unruly managers of the boxes. Isidre Fainé, president of La Caixa, achieved the unanimity to which he had conditioned his candidacy and immediately began, since his ratification in the assembly on April 21, the dialogue with Miguel Ángel Fernández Ordóñez, governor of the Bank of Spain , and Elena Salgado, Minister of Economy.

From the beginning it was clear that there was a rush. The euro zone was going through the most turbulent weeks of its history, with the resurgence of attacks on the debt of the peripheral countries and the erosion of the single currency. The pressure was such that, on the weekend of May 8 and 9, Europe agreed on the launch of a 750 billion euro rescue mechanism of the EU and the IMF. The member countries, meanwhile, were forced to carry out strong adjustment plans and undertake reforms with which to boost growth in the medium and long term.

Spain undertook, among other things, to reform its financial system, which then exhausted the deadline for requesting aid to the Fund for Orderly Bank Restructuring (FROB), the mechanism devised by the Government in June 2009 to receive public aid. A few entities had already agreed to join. Others, resisted. In these, on May 22, the Bank of Spain intervened Cajasur, hours after the entity broke its merger with Unicaja. A few days later, the governor announced a tightening of accounting regulations on banking provisions. The message was clear and this was understood by everyone.

Until June 15, the deadline given by the supervisor to validate the integration processes, the sector was a hotbed. One after the other, practically all the boxes went through Calle Alcalá, headquarters of the Bank of Spain, to present their plans. Only the minuscule boxes of Pollensa and Ontinyent, the Basques -BBK, Kutxa and Vital- and Ibercaja, of the most healthy, were left out. And, logically, the intervened Cajasur, which will be awarded this week to the highest bidder.

The first part of the work was done. With or without aid from the FROB, the sector is now much more capitalized. As the Government insists, the savings banks are solvent and have withstood three years of the most severe financial and economic crisis. The future was not guaranteed, especially for two reasons. In the first place, due to the persistence of the crisis, which continues to punish the balance sheets in an hour, the current one, in which it is almost impossible to acquire more capital. Nobody can issue preferred or participatory quotas at present.

The second cause of the emergency lies in the new regulatory wave that is looming. More capital, more liquidity, less leverage ratios. All these factors demanded new instruments for the boxes. The Government has acted with force. The patches could have turned into waterways.

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