Overview
- Finance minister María Jesús Montero said Monday’s CPFF will only hear an update on the financing reform rather than a concrete proposal.
- The CPFF is slated to approve a new fiscal stability path and the 2026 spending ceiling, which the Council of Ministers is expected to ratify the following day for submission to Congress.
- PP-governed regions plan to reaffirm a common stance rejecting a Catalan-style special arrangement and broad debt write-offs, insisting on a multilateral overhaul of the system.
- Internal rifts inside the PP are in focus as Balearic president Marga Prohens backs ordinalidad and rejects singular financing and debt forgiveness, positions at odds with other regional leaders.
- Talks with ERC and the Generalitat continue over extra resources for Catalonia and technical changes such as replacing the current advance–settlement scheme and shifting some tax collection, while the 2023 debt condonation remains unapproved.