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Podemos Threatens to Block 2026 Budget, Accuses Sánchez of Setting Up Early Election

The party conditions its vote on demands set by a 2024 member mandate, including a rupture with Israel, a 40% rent cut, and a halt to higher defense outlays.

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Overview

  • Eurodeputy Irene Montero ruled out an electoral pact with Sumar and IU, accusing them of legitimizing the PSOE on rearmament and downplaying corruption.
  • Podemos alleges the government aims to present the 2026 accounts to lose them and justify a snap election, invoking the 2018–2019 precedent.
  • The party’s red lines include breaking commercial and diplomatic ties with Israel with a total arms embargo, a legal 40% rent reduction plus a ban on home purchases by non-residents, and stopping increases in defense spending.
  • Podemos cites an October 2024 internal consultation with 89.8% support that binds its vote to achieving the housing and Israel conditions.
  • Leaders highlight that budgets are approved by sections and say rejecting the Defense chapter would sink the entire package, with their four deputies pivotal under current arithmetic.