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Regions Reject Spain’s Financing Overhaul, Leaving Catalonia Isolated

Regional leaders say the plan lacks the votes to pass Congress.

Overview

  • A four-hour fiscal council meeting led by Vice President María Jesús Montero ended without agreement on the proposed regional financing model.
  • All autonomous communities present rejected the plan except Catalonia, including regions governed by the PSOE as well as the PP.
  • Castilla-La Mancha’s finance minister Juan Alfonso Ruiz Molina called the offer “blackmail” and did not rule out legal action against the central government.
  • Multiple representatives objected that ERC leader Oriol Junqueras announced the proposal after meeting Pedro Sánchez at La Moncloa.
  • Opponents argued the reform lacks parliamentary support, while Catalonia’s Alicia Romero endorsed it, saying it would prevent a €4.7 billion loss for her region.