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Delay Start Of Eurovegas For 2014

By Expert Author: jennifer smith

The works of the first phase of the project raised will not start to final this year already that they postpone to early or mid-2014.The news that came commenting is and rumored already is confirmed: the works will not begin until 2014.It is not no surprise since there are still many fringes that remain closed so that this project of the American Tycoon Sheldon Adelson begins to materialize.Thus the regional economy of the community of Madrid Enrique Ossorio controller reported it. In addition, announced that work will begin early or mid 2014.One of the first puzzles of this project, which, in principle, the first stone had planned for September this year is financing.
The first phase of raised costs of EUR7.6 billion. The promoter already commented on several occasions that will finance 2,686 million euros. And the rest? In principle been much that are financial institutions who funded it but it has not transcended which banks could be.

This is one of the most important obstacles, since without funding, there is no project that walk.However, Madrid authorities rely on the stability of the project and rarely have doubted him.Another issue which should be adopted a position by the central executive is on the law bans.Currently, in Spain no you can smoke in any public institution. In the case of casinos, this law has caused a strong impact.And Sheldon Adelson wants that in their casinos you can smoke. This request entails, should it be granted, a reform of the law of existing tobacco that could benefit the rest of catering establishments and entertainment.However, the Government of Mariano Rajoy still has not acted on the measure to be adopted although they have said that the formulas are searched.At the moment not much is known about that search while entrepreneurs in the hospitality sector already have been, in some cases, to the modification of the law affects everyone equally.Finally, another crucial aspect concerning town planning licenses that must be granted for the construction of some buildings as a skyscraper referred to in the project.
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