Overview
- Madrid has formally appealed the CPFF's February decision to forgive €83 billion in regional debt, including €8.6 billion for Madrid, to the Audiencia Nacional.
- Regional officials argue the agreement lacked proper quorum as several autonomous communities boycotted the vote in protest.
- Madrid claims the debt relief unfairly benefits heavily indebted regions like Cataluña while penalizing fiscally responsible regions, violating equality principles.
- The regional government asserts the plan will burden each madrileño with an additional €500 in debt due to redistributed obligations.
- Madrid leaders contend the debt cancellation was a political concession to secure independentist support for Prime Minister Pedro Sánchez’s government.