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Montero Calls CPFF to Set Fiscal Path as PP Divisions Show and Catalan Financing Talks Enter Late Phase

The finance minister aims to lock in a deficit path to kick‑start budget talks, with ERC negotiations centering on extra funds for Catalonia.

Overview

  • The Council of Fiscal and Financial Policy meets Monday to approve a new stability path that the Cabinet plans to ratify the next day, with the state of the regional financing reform on the agenda.
  • María Jesús Montero accused Alberto Núñez Feijóo of failing to forge a unified PP stance as regional leaders split, with Balearic president Marga Prohens demanding respect for ordinality and others rejecting it.
  • PP‑governed regions say they will present a common front at the CPFF against a debt write‑off and will again reject any Catalan-style 'cupo' arrangement.
  • Talks with ERC and the Catalan government are described by negotiators as being in a final stretch, with reporting of more than €4 billion in extra resources under study and the 2023 debt‑forgiveness pact still not approved.
  • In Valencia, PP candidate Juanfran Pérez Llorca reported 'good rapport' after a first in‑person meeting with Vox toward an investiture deal, as Vox signals it will publicly stage its demands and emphasize hardline immigration positions.