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Sánchez and Junqueras Seal Financing Pact Granting Catalonia €4.7 Billion More

Next, CPFF scrutiny precedes an absolute‑majority LOFCA vote in Congress.

Overview

  • The agreed model recognizes a Catalan singularity yet is presented as generalizable and anchored in ordinalidad, with the government insisting no region will receive less than it does today.
  • Finance minister María Jesús Montero is due to release the detailed figures in the coming days before taking the proposal to the Council of Fiscal and Financial Policy.
  • Implementing the reform requires modifying LOFCA and Catalonia’s tax‑cession law, passing an absolute‑majority vote in Congress and then returning from a PP‑controlled Senate where amendments or a veto are possible.
  • ERC hails the deal as pragmatic progress, but Junts mocks it as falling short of a Basque‑style concierto and highlights that 100% IRPF collection for Catalonia is not included.
  • PP leaders and several regional governments, including Andalusia, Galicia and Aragón, condemn the agreement as unfair and threaten institutional or legal resistance as the debate shifts to national and regional fora.