Overview

• Vice‑prime minister and finance minister María Jesús Montero said the government will take the debt cancellation to the next Council of Ministers for approval.
• The condonation covers all autonomous communities, with the ministry asserting Andalucía stands to gain the most.
• Montero rejected claims of a special arrangement for Catalonia and urged People’s Party leaders to back the measure.
• PP‑led regional governments have opposed the plan, and Andalusian finance chief Carolina España joined a walkout from talks minutes after they began.
• Reporting in Spain estimates Andalusia could save about €1.4 billion in interest over ten years, and Montero said the region has averaged €8.5 billion more per year in transfers under Sánchez.