ERC expects 4,000-5,000 million euros extra for Catalonia under new financing model

Republicans are confident in finalizing the pact with the PSOE this week, coinciding with the key meeting between Oriol Junqueras and Pedro Sánchez.

Representació abstracta de negociacions polítiques o documents financers sobre una taula.

Representació abstracta de negociacions polítiques o documents financers sobre una taula.

ERC spokesperson Isaac Albert stated that the new financing model negotiated with the PSOE is expected to provide Catalonia with between 4,000 and 5,000 million euros in additional resources.

This extraordinary resource figure, which Albert suggested would be closer to 5,000 than 4,000 million, is being negotiated trilaterally: the Government of Pedro Sánchez, the Generalitat of Salvador Illa, and ERC. The republican leader expressed confidence in a "good agreement" for Catalonia and requested support from the other investiture majority parties in the Congress.

"We cannot eternalize the negotiations"

Isaac Albert · ERC Spokesperson
The crucial meeting to seal the deal is scheduled for this Thursday between President Sánchez and ERC leader Oriol Junqueras at the Moncloa Palace. Albert emphasized the need to accelerate the process, noting that a climate of "trust" has been established.
Beyond financing, ERC aims to make progress on two other issues during the meeting. Firstly, they seek a clear timeline for processing the law that would allow Catalonia to collect its own IRPF (Personal Income Tax), a bill introduced last autumn.
Secondly, the republicans want to finalize the creation of a Catalan consortium dedicated to monitoring the fulfillment of investments budgeted by the State in Catalonia, addressing a recurrent complaint about low execution rates.
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