Overview

• Spain’s Council of Ministers approved a draft law to permit a €83.252 billion debt write‑down for regions under the common system, excluding the Basque Country and Navarre.
• Finance minister María Jesús Montero said Andalucía would see the largest nominal relief (€18.791 billion) and the Valencian Community the highest per‑capita benefit, projected interest savings average €6.6–€6.7 billion, and 2026 budget work begins with ministries’ funding requests.
• PP regional leaders, including Balearic president Marga Prohens, rejected the plan as political maneuvering tied to ERC and argued it is unfair and lacks transparency.
• In Mexico, the Chamber of Deputies elected PAN’s Kenia López Rabadán as president of the Mesa Directiva by 435–4, and President Claudia Sheinbaum said the choice followed the established rotation rule.
• More than 800 new judicial officers were sworn in as the overhauled judiciary took office, opposition figures questioned their independence, the electoral tribunal returned to a full seven‑member bench with Gilberto de Guzmán Bátiz set to preside, and Morena’s Carol Antonio Altamirano took over the Finance Committee pledging to back Sheinbaum’s economic policy without cutting 2026 social spending.