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Sánchez and Junqueras Meet at Moncloa to Try to Finalize Catalonia Financing Overhaul

Passage in Congress remains uncertain as Junts vows to block any deal that falls short of a Basque‑style fiscal pact.

Overview

  • ERC says the package would deliver between €4 billion and €5 billion for Catalonia, closer to €5 billion, and would uphold the principle of ordinalidad.
  • The Spanish government maintains the proposal will increase resources for all autonomous communities and plans to take it to the CPFF this month, with Hacienda preparing to brief details.
  • ERC seeks firm timelines on new tax powers and governance tools, including a roadmap for IRPF collection and a state–Catalonia investment oversight body.
  • Any reform requires legislative approval, and Junts has warned it will vote no unless Catalonia obtains a full concierto económico outside the common regime.
  • Junts signals it could support a separate decree to partially forgive FLA debt if it is not bundled in an omnibus bill; the current proposal includes about €17.1 billion in Catalan debt relief and extends the measure nationwide.