UNIVERSITY rectors in Andalucia are warning that the ‘piggy banks are ringing empty’ and the system is on the brink of collapse.

According to Jose Manuel Roldan, President of the Association of the Rectors, while larger universities are still drawing on savings, smaller institutions are suffering more.

“For the last two years we have been speaking clearly but faithfully to the Ministry of Economics about the serious cash flow problems we face,” said Roldan.

Part of the problem is they have still not received funds promised up to six months ago.

But the Junta has insisted it hopes to have a plan in place by the end of the month to resolve the problems.