Overview
- The Finance Ministry gathers the CPFF to fix the spending ceiling and deficit targets for 2026–2028, a framework that shapes national and regional budgets.
- Hacienda can approve a new fiscal path at the CPFF with backing from a single community, yet the Congress of Deputies could later block it as occurred previously.
- PP-run regions escalate criticism of María Jesús Montero’s timing, with Andalusia labeling the meeting a “paripé” and noting its 2026 budget is already set in balance.
- Financing reform returns to the table, with Andalusia citing chronic underfunding, urging a transitional equalization fund, and preparing to request €4 billion in extra resources.
- Regional accounts face immediate tests: Cantabria’s budget confronts multiple return motions ahead of a Nov. 24 plenary vote, and Castilla y León’s numbers hinge on Vox, Soria ¡Ya! and Por Ávila in an effectively 33–33 scenario.