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PP-Led Regions Reject SánchezERC Financing Plan as Catalonia Urges Negotiated Push

The €21 billion overhaul, which would add about €4.7 billion for Catalonia, now heads toward a difficult vote in Congress.

Overview

  • Finance Minister María Jesús Montero presented the proposal to regional counterparts at the CPFF, where PP-governed communities condemned it as a pact tailored to independentists, with Andalusia’s finance chief calling it a “precooked menu.”
  • Catalonia’s economy minister, Alícia Romero, defended the plan as fair and transparent, saying no region loses, inequality between territories would narrow, and nearly €21 billion in extra funds would include close to €4.7 billion for Catalonia.
  • Government documents and regional briefings indicate that the reform requires passage as an organic law in Congress and could start delivering funds by 2027 if approved, a path opponents warn may face delays and uncertain support.
  • Former Catalan president Artur Mas urged a “great mobilization” to press for fuller fiscal powers, arguing the pact improves the status quo but is only an evolution of the current model and urging inclusion of cost-of-living factors and protection of ordinality.
  • Mas said conditions do not exist to restart the independence push and proposed a housing measure in which the Generalitat would co-own 25% of a home to help young buyers, with later repurchase at the original price plus CPI.