Overview
- The Generalitat has reached an agreement with ERC and Els Comuns to approve a €1.3 billion credit supplement, ensuring operational stability in the absence of a new budget.
- Over €900 million from the supplement will fund public sector salary increases, including a 2% raise and an additional 0.5% promised by Spain’s central government.
- Approximately €388 million will be allocated to mitigate the impact of U.S. tariffs and to provide €30 million in relief for Lleida farmers affected by recent hailstorms.
- ERC has secured a no-layoff clause for companies receiving funds and will collaborate with the government to determine sectoral allocations.
- Discussions are ongoing for a third €470 million credit supplement, with €500 million still under negotiation to address remaining funding needs for 2025.