Instituto Cervantes Headquarters in Utrecht Seized Due to Debts
21 Articles
21 Articles
The dispute is due to the consequences of the change in Spanish legislation for the remuneration of renewables decreed in 2013, during the government of Mariano Rajoy
A court in the Hague has ordered the freezing of a national debt with Eurus Energy
The Netherlands indicates that Spain was formally informed on April 20 without payment of the corresponding compensation.More information: The fund that wants to seize the Cervantes Institute requests that the rating of the Spanish debt be reduced
The District Court of The Hague has authorized the seizure of a property linked to the Cervantes Institute in Utrecht, the Netherlands, as a result of the non-payment of the compensation granted to the companies affected by the reduction of renewable premiums, in particular the one linked to the case Eurus Energy, renewable energy subsidiary of Toyota.Continue reading...
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