Corvera Airport is in the final stages of completion with only a further €107,000 required to complete essential electrical connections and complimentary infrastructure.
Where will the money come from? The Regional Government is nearly bankrupt and looking for a bailout from the Madrid Central Government and the builders/owners of Corvera airport had to get the Murcia Regional Government to guarantee their bank loans to the tune of 200 million euros to keep the banks from withdrawing their credit from them.
OK another 107,000 Euros may not sound too much considering the overall cost of building this private airport but doubt any bank in Spain at the moment is willing or
has the available cash to throw at a useless venture. The news is that the Spanish Goverment requested a 100billion loan for the Spanish banks from the EU some time back, which was granted but the money has NOT come yet.........as there are doubts about how it is to be administered......and repaid......