Garrucha declares bankruptcy

Garrucha has declared bankruptcy after their budget comptroller realised the town only has enough cash in the bank to pay salaries until the end of this month. Sergio Prados, the comptroller, signed an order on the 3rd of June ordering the suspension of payments, the first step towards technical bankruptcy, according to local e-paper la gazeta de Almería. This means that no suppliers will get paid until further notice, and only essential bills (salaries, bank Continue reading Garrucha declares bankruptcy