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 interest payments and social security payments basically) will be paid. The comptroller estimates that the bank accounts will be empty by the end of the month, leaving the rest of the year to cope for itself.
La Opinión de Almería: El interventor de Garrucha suspende pagos http://t.co/eldwdDe0GH
— Opinión de Almería (@opinionalmeria) June 7, 2015
The move comes eight days before the new Administration takes over, leaving them with a nasty surprise.