Bernitt: Municipalities are paying off loans instead of paying penalty interest

Because municipalities in the Bützow-Land office have to pay money for their reserves, they now prefer to pay off loans early.

Bernitt | After Baumgarten, Bernitt also wants to get rid of his legacy and repay the sum of 55,788.86 euros to the Rostock district. Six years earlier than agreed years ago. The municipality wants to minimize penalty interest and at the same time save money. One reason for this step is the current European interest rate and monetary policy. W …

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