Foment joins business groups demanding Junts negotiate regional funding

Following intense negotiations, the major Catalan employers' association aligns with other economic agents to urge an agreement on the autonomous financing system.

Representation of an economic negotiation table between Catalan social and political agents.
IA

Representation of an economic negotiation table between Catalan social and political agents.

The employers' association Foment del Treball joined other Catalan economic agents this Thursday, urging political parties, especially Junts, to negotiate the new regional financing model from Barcelona.

After a week of arduous negotiations, the major Catalan employers' association, Foment del Treball, has shifted its initial stance of frontal opposition and opened up to the agreement sealed between the Government, the Generalitat, and Esquerra Republicana. This decision aligns it with the majority business bloc, which already included Pimec, the Cercle d'Economia, Femcat, Fira de Barcelona, the Col·legi d'Economistes, Barcelona Global, and 13 chambers of commerce.
The statement published this Thursday demands that Catalan parties negotiate the autonomous financing model. The business entities view the agreement as a "point of departure" and welcome the start of parliamentary procedures to reform a financing model they deem obsolete.

They urge Catalan parties to work together to ensure that the progress achieved is consolidated in the future.

Despite the openness to the agreement, all entities agree on demanding improvements, as they consider the injection of 4.7 billion euros into public coffers "is not enough" and "only addresses some of the demands claimed" by the economic sector.