[Trending News] The removal of discord: Finance will forgive Andalusia 130% of the crisis debt

The condonation of the debt proposed by the Treasury It has an objective: to correct the grievance suffered by the autonomous communities during the financial crisis for the decisions of the government of Mariano Rajoy. In the words of the First Vice President and Minister of Finance: “We intend Correct Mariano Rajoy's punishment to the autonomous communities ”.

The government estimates that this grievance amounts to just over 80,000 million euros. This would mean that the State would forgive 76% of the debt that assumed the communities in those years (2010-2013). However, when distributing this debt, Finance does not take into account infinance of each territory in those years, but introduces its own criteria. The result is a removal with winning and loser communities.

In some cases, the condonation It barely reaches half of the debt of those years. But, in other cases, the foronation is total. There are even three communities in which he removes it overcomes the debt they had to request in those years. It stands out, above all, Andalusiawhich would receive a removal of 130%. That is, it would come out To return.

Finance would not only forgive the debt of those four exercises, but Also the next year and a halfalready without financial crisis. In this way, the condonation The goal exceeds “Correct the punishment of Mariano Rajoy” in the Andalusian case. The reason is that the distribution of the remove is determined by the financial situation of the CCAA that reach the present. For example, the debt of each territory is taken into account at the end of 2023, or the evolution of IRPF until 2022. The result is that the condonation no relationship with the forced debt for Rajoy's adjustments.

There are two other communities to which the Ministry of Finance proposes to condemn a superior amount to the debt of those years: Canary Islands y Estremadura. In both cases, the remove is 111%, far from the prima which Andalusia receives, but also above the declared objective of the Ministry of Finance.

On the contrary, there are three CCAA in which the State will barely assume half of the debt they requested in those years: Balearic Islands, Catalonia and Cantabria. The reason is that the three communities assumed a lot of debt in those years, especially, Cataluñawhich raised its liability in 16% of GDP of 2009.

The CPFF

These differences in debt removal have generated a high voltage before him Fiscal and Financial Policy Council which is celebrated this Wednesday, including the rejection of Junts. Some parties and, above all, some territories have criticized the discretionary criteria introduced by the vice president. Commitmentfor example, he has described the proposal as “a new mockery to the Valencians.”

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How Montero has designed debt forgive to reward Andalusia and Catalonia

Javier Jorrín

He Government of the Junta de Andalucía It has a delicate situation. Look how you look, Andalusia appears in all indicators as The most benefited community or one of the first, given its financial situation. Not only would I receive an excess of removal on the debt of those years, but it is the one that would get the most in percentage of GDP and the second in inhabitant for the inhabitant.

This Wednesday they will travel to Treasury the counselors of the different communities of the common regime to vote the proposal of the vice president. Montero It has the assured victory, since the government has half of the votes and communities governed by the PSOE They will vote in favor.

However, a anger session is expected with the Block rejection of the Popular Party communities. Montero explained that this condom is “voluntary”, that is, the territories that oppose can give up it.

The true obstacle to the government will be the Validation in Congress. This remove has to be processed as an organic law, so you need to have the support of the entire investiture block. That is, the entire left, together and the Pnv. Finance does not intend to significantly change its criteria: “This methodology may have some specific adjustment, but it is a methodology built based on assumptions that are not easy to replace,” Montero said at a press conference.

Finance trusts in obtaining the necessary support and that this proposal is the basis to address the approval of the General State Budgetssince those of 2023 remain extended.

The condonation of the debt proposed by the Treasury It has an objective: to correct the grievance suffered by the autonomous communities during the financial crisis for the decisions of the government of Mariano Rajoy. In the words of the First Vice President and Minister of Finance: “We intend Correct Mariano Rajoy's punishment to the autonomous communities ”.