The representatives of the majority of the autonomous communities of the common regime leave the meeting of the Fiscal and Financial Policy Council.

The Ministry of Finance reports that the supposed savings in interest could not be used for non-financial spending, such as health, education or social services.

The Government of the Balearic Islands, like the representatives of the majority of regional governments and those of the two autonomous cities, has left the meeting of the Fiscal and Financial Policy Council, held at the headquarters of the Ministry of Finance, as a sign of protest at the ‘disregard’ and the lack of prior negotiation by the Spanish government with all the regional executives except Catalonia to develop a process of cancellation of part of the debt of the autonomous communities.

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The Government stands up in protest against the Spanish government’s ‘disregard’ of it

The Balearic government was represented in Madrid by the Minister of Economy, Finance and Innovation, Antoni Costa; the Director General of Budgets and Financing, Tomeu Alcover, and the Director General of the Treasury, Financial Policy and Assets, Susana Pérez.

The representatives of 12 autonomous communities and Ceuta and Melilla left the room before starting point 5 of the agenda, where the central government intended to report on the distribution of the revenue obtained from the tax on the interest margin and commissions of certain financial institutions, even though the system has already been approved by Law 7/2024 of last December.

In this way, point 6 on the agenda, which sought the approval of the agreement on the distribution of the significant amount earmarked for the assumption by the State of part of the debt of the autonomous communities of the common system, was also left undebated. The representatives of all the regions – except Catalonia, Castilla La Mancha, Navarre and Asturias – and those of the autonomous cities of Ceuta and Melilla left the table and walked out of the meeting as a measure of protest.