Local Governments Spend Thousands on Multibanco ATMs: What's Behind the Costs?
Público5 days ago
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Local Governments Spend Thousands on Multibanco ATMs: What's Behind the Costs?

Local
atm
localgovernment
portugal
banking
economy
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Summary:

  • Ponta Delgada Parish Council pays €630 monthly for an ATM

  • Government to introduce new measures regarding ATM availability next year

  • Scarcity of Multibanco machines affects both rural and coastal areas

  • Related discussions on Multibanco vs ATMs highlight ongoing issues

Local Government Expenses on ATMs

The Ponta Delgada Parish Council on Flores Island is shelling out €630 per month for an ATM from Caixa Geral de Depósitos. This situation raises questions about the financial burden on municipalities to provide essential banking services.

Government Promises Changes

In light of these expenditures, the government has pledged to announce new measures regarding ATM availability in the coming year. This follows growing concerns about the scarcity of Multibanco machines, especially in rural and coastal areas.

Background Context

The article also references related discussions about the differences and similarities between Multibanco and ATMs, and highlights the ongoing issues with ATM availability across Portugal, affecting both urban and rural communities.

Read more about these pressing topics and how they impact local economies and residents.

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