The Minister of Finance, María Jesús Montero, has been forced to withdraw her proposal for a regulation on "co-governance" in the management of European funds in the face of a majority regional rebellion at the Sector Conference this Thursday.

The Basque Finance Minister, Pedro Azpiazu, the acting president of the Catalan Generalitat, Pere Aragonés, and the PP community councilors have rejected the text and their protest has been joined by representatives of socialist communities

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