• Public Fund: The Government of Pedro Sánchez "intervenes" Andalusia and demands cuts

The Treasury strongly rejects the fact that the Government has intervened the accounts of Andalusia, as denounced by the president of the Board, Juanma Moreno. " There is no intervention . The same requirements are required of all Autonomous Communities and they have to present the adjustment plans if they fail to comply with the fiscal rules," sources from the Ministry directed by María Jesús Montero explain to this newspaper.

" There is no arbitrary treatment towards Andalusia . It is the breach of fiscal rules that prevents Andalusia from going to the markets, and the financial sustainability of the State as a whole that motivates them to do so," they say.

The response of the Treasury comes after Moreno has denounced that the Sanchez Executive has carried out a "financial intervention" of the Andalusian accounts in an "absolutely discretionary" way, while preventing him from going to the markets for financing and It demands an adjustment plan.

The Treasury, however, explains that what it has requested from the Board is an adjustment plan so that it can effectively go to the markets, as established by law, and denies that there has been an intervention of the accounts.

"To access the markets, the autonomous community had to adhere to the financial facility compartment and meet the deficit and public debt objectives. However, the mandatory report published last November on the degree of compliance with the budget stability objective , public debt and spending rule reflected that Andalusia breached all three requirements in 2018, "they explain.

In this context, "Andalusia leaves the financial facility compartment and goes to the Autonomous Liquidity Fund [FLA]", so that "today, it does not meet the conditions set forth in that agreement". And what the Treasury asks, they add from the Ministry, is " an adjustment plan to correct the diversion and return to FLA " in which the Board will have "the freedom to take the measures it considers".

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  • Andalusia
  • Maria Jesus Montero
  • Public deficit

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