Overview

• The Generalitat has suspended roughly €160 million in May payments to pharmacies pending the delayed transfer of €1.9 billion from the extraordinary Fondo de Liquidez Autonómico (FLA).
• The central government denies the funding is late, stating Valencian authorities have adequate resources and accusing them of budget misprioritization.
• The Conselleria de Sanidad will assume the interest costs on any emergency credits pharmacies take out to cover payroll and supplier invoices.
• Pharmacies in rural areas warn they lack extra liquidity and risk financial distress reminiscent of the 2012 payment default that led to closures.
• Valencia’s overall commercial debt stood at €1.767 billion by April 30, with the health ministry accounting for €1.544 billion, illustrating broader fiscal pressures.