Who says he saved PMB from bankruptcy mind
On Wednesday, municipal bonds worth 555 million lei (111 million euros) will be listed on the Bucharest Stock Exchange, issued by the Bucharest City Hall.
Bonds = PMB has borrowed from obligations (banks, pension funds, investment funds, population) with interest, over a long period, for 10 years.
What will be done with these bonds?
Nothing productive, nothing of the future.
It is just a rolling of a debt during Oprescu’s mandate, the one who is now a refugee in Greece. Even that money was not transparent as a destination.
So, whoever says he saved PMB from bankruptcy, mind. In the language of a digital founder, misinform.
The rolling of debts, for 10 years, does not solve the structural problem, of the correct collection and spending of the public money collected from the taxes and taxes of Bucharest and, in part, from the taxes of Romanians (some money, for example, from the Government, as a subsidy or co-payments). Neither hot water, public transport, no pollution with heavy metals, no parks, nor roads are problems solved in the last 5 years. Not even in part. Not to mention hospitals. We have no new cathedrals, but we have no hospitals …
Instead, we have processes and payment penalties, some located at 300 thousand lei/day.
Well, but what matters, when mathematical stories are so cute …
By the way, to be radically calculated from 111 million euros … or, more simply, from 555 million lei.
