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Foment del Treball Condemns Catalan Housing Pact as Threat to Economy and Property Rights

Business lobby leader Josep Sánchez Llibre criticizes the PSC-led government for policies he claims undermine private ownership, economic growth, and SME financing.

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Illa y Sánchez Llibre
El presidente de Foment del Treball, Josep Sánchez Llibre.
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Overview

  • Foment del Treball president Josep Sánchez Llibre denounced the housing pact between PSC, ERC, Comuns, and CUP as a 'tripartito encubierto' that harms property rights and enterprise freedom.
  • Sánchez Llibre warned the measures will lead to economic decline and reduced availability of both public and private housing.
  • He proposed tax reductions on housing, citing that 25% of costs stem from taxation, to alleviate financial pressures on the market.
  • The business leader expressed concerns over the BBVA-Banc Sabadell merger, predicting a potential loss of €75 billion in SME financing if the deal proceeds.
  • While noting significant business anxiety over U.S. tariffs, Sánchez Llibre stated these policies have not yet directly impacted the Catalan economy.