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Corvera and Paramount 'divert funds from local entrepreneurs'

Source: La Verdad - Tue 5th Mar 2013
Corvera and Paramount 'divert funds from local entrepreneurs'

The secretary general of the PSOE in Murcia, Rafael González Tovar, today called upon the regional government to implement a 'Regional Plan of Microcredit' to offer low interest, long-term loans of between €2,000 and €20,000 to encourage the creation of new enterprizes.

Tovar added that such small businesses should be offered a reduction in certain taxes and other administrative costs, and a reduction of 50% in social security contributions.

He compared his proposal as being of equal importance as the region's €200 million loan to support for Corvera airport, and the €20 million loan for the Paramount Pictures theme park project.

Tovar estimated that less than quarter of the sum set aside for these projects - €40 or €50 million - would create thousands of employment opportunities.

The Socialist agreed that both Corvera Airport and the Paramount project would bring the region thousands of jobs, but that this comes with a high investment of capital, a certain amount of risk, and with the results only becoming apparent when each project nears completion.

A date for the opening of Corvera Airport is yet to be announced, whereas work has not yet commenced on the Paramount theme park.

At least a small loan to an ambitious entrepreneur carries neither the risk nor complications seen to date elsewhere in the region.

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