Overview

• The Parliament approved a €14.177 billion non-financial spending ceiling for 2026 with only the Partido Popular voting in favor
• The Xunta forecasts 1.9% GDP growth, a historic low 7.8% unemployment rate and a third consecutive year without a deficit
• BNG and PSdeG warned the 1.6% increase falls short of covering inflation and risks cuts to public services
• Corgos accused the central government of political instability and neglecting its legal duty to convene fiscal oversight bodies
• Negotiations are underway with Madrid on a new regional financing model after the Spain–Catalonia concert agreement