Overview
- Catalonia would receive an extra €4.7 billion annually under a model that applies the ordinality principle and is presented as extendable to other regions.
- Finance Minister María Jesús Montero is set to outline the figures and design, with a CPFF meeting expected next week before the bill heads to the Cabinet.
- The reform needs changes to the LOFCA and related laws and must clear an absolute majority in the Congress, with the Senate able to slow but not ultimately stop it.
- Junts has rejected the pact and the PP and several regional governments denounce it as privileging Catalonia, with some leaders warning of possible court challenges.
- The agreement leaves out the immediate full transfer of IRPF collection to Catalonia, and reports of a wider €18 billion system injection are attributed to unnamed sources and remain unconfirmed.