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Sánchez and Junqueras to Meet at Moncloa to Try to Seal Catalonia Financing Pact

ERC projects €4–5 billion with ordinality, leaving Junts to likely decide the outcome.

Overview

  • The Spanish prime minister and the ERC leader are set to meet Thursday at La Moncloa for a decisive push to finalize a new funding model for Catalonia.
  • ERC says the agreement would bring roughly €4–5 billion in additional annual resources and apply ordinality, raising Catalonia’s position in what it receives relative to what it contributes.
  • The package under discussion links cash with other measures, including partial FLA debt relief, a consortium to track state investment execution, and steps toward Catalan IRPF collection.
  • Junts warns it will not back legal changes that amount to a LOFCA update and insists on a Basque- or Navarre-style concierto económico before lending its votes in Congress.
  • Junts signals it could support the FLA write-off if it is put to a standalone vote rather than folded into an omnibus decree, while ERC demands concrete timelines on the IRPF bill and the investment consortium before budget talks.