- 5d ago
Fiscal council delayed to Sept 4, giving PP regions five weeks to weigh 20.975 billion euro funding reform
The Spanish Finance Ministry postponed the Fiscal and Financial Policy Council from July 29 to September 4 at the request of PP-governed regions, while Catalonia and the Canary Islands are expected to back a reform that would inject an extra 20.975 billion euros into regional coffers.
- 6d ago
Canary Islands secures 1,337 million euros in financing deal and sidesteps PP veto
The Canary Islands government will vote on Wednesday in favor of Spain's new autonomous financing model, securing 1,337 million euros extra annually, as finance minister Matilde Asián (PP) takes vacation to avoid disobeying her party's order to vote no.
- Jul 11
Spain sends autonomous communities the financing reform draft agreed with ERC, with no alternative for those that reject it
The Ministry of Finance sent the detailed proposal on Friday 10 July 2026, maintaining the pact with Oriol Junqueras's ERC and warning that regions that do not accept it will remain under the 2009 model.
- Jul 6
Spain's government faces near-unanimous regional revolt over new financing model, with only Catalonia backing the plan
Fourteen of Spain's fifteen common-regime autonomous communities, including two governed by the ruling Socialists, have declared they will vote against the government's new regional financing model, leaving Catalonia as the sole supporter ahead of a decisive 29 July vote.
- Jun 27
Spain removes Gibraltar from tax haven list after 35 years, adds Russia
Spain's Finance Ministry published an order today removing Gibraltar and five other jurisdictions from the country's list of tax havens after verifying effective tax information exchange. Russia is added due to a harmful tax regime.
- May 30
Spain's Governing Partners Demand Early Elections as Corruption Scandals Mount, but Reject Backing a No-Confidence Vote
Key parliamentary allies of Spanish Prime Minister Pedro Sánchez are publicly demanding he call snap elections, declaring the legislature exhausted amid a wave of corruption investigations targeting his Socialist party, while simultaneously refusing to support a conservative-led no-confidence motion.
