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Sánchez and Junqueras Set Jan. 8 Moncloa Meeting to Unblock Catalonia Financing

ERC conditions any budget talks on a financing deal unlocking IRPF collection that respects ordinalidad.

Overview

  • Oriol Junqueras confirmed he will meet Pedro Sánchez at La Moncloa on Thursday to seek a breakthrough on a new funding model for Catalonia.
  • Junqueras says an agreement is close and warns ERC will only engage on budgets once the financing reform and IRPF collection capacity are secured.
  • The agenda bundles debt relief from the FLA, the financing framework with ordinalidad, IRPF collection, an investment consortium, rail improvements, and airport governance.
  • Government plans are expected to be presented in the coming weeks at the Fiscal and Financial Policy Council, with reporting citing a possible €18 billion injection for regions that has not been formally detailed.
  • Political hurdles remain as Junts pushes a different ‘cupo’-style scheme and is noncommittal on backing ERC’s path, while Vox has condemned the meeting publicly.