• Politics The eight most depopulated autonomies cry out against the "economic and social privileges" for the nationalists

  • Economy The Valencian Community of Ximo Puig is the region with the highest deficit and will almost triple the reference rate

Eight communities met this Tuesday in Santiago de Compostela to agree on a common position on the reform of regional financing.

They are not united by the same training, but by the desire to apply the same criteria.

Something similar - or even more striking - occurs with the Community of Madrid and the regions with which it has already had contacts: Catalonia that governs ERC and the Balearic Islands, led by the socialist

Francisca Armengol

. And also the Valencian Community and the Region of Murcia held their own bilateral meeting while Fedea certified that, at the end of this year, the deficit of both regions will skyrocket well above the reference rate.

What is regional financing and why should it be renewed? It is the system by which the needs of each community are recognized, and by which it is decreed which are the financial resources that must be transferred to it to meet its obligations and services. That is, the way in which it is estimated how much money the State should give to each region, with all that this implies in political terms. The current system was approved in 2009 and should have been renewed in 2014, but neither the Government of Rajoy first nor that of Sánchez later have been able - or have wanted - Why is it so complex? Because it is opaque, it has gone patching to satisfy certain communities, comes into play the political closeness of the central government with that of the different communities and, at the same time,it weaves the most unsuspected alliances that defend totally different criteria. What do the eight regions that met in Galicia want? That the criteria of population dispersion, aging and orography are "undeniable conditions" in the new system. In other words, take into account the characteristics of empty Spain represented by Galicia, Asturias, Cantabria, Castilla y León, Castilla-La Mancha, Extremadura, La Rioja and Aragón. Five communities of the PSOE, two of the PP and one more of the PRC that form the largest group of the different alliances. And Madrid, Catalonia and the Balearic Islands? population are made taking into account more factors »than those mentioned above, as explained by the Minister of Finance of the Community of Madrid,Javier Fernández-Lasquetty, who also estimates that the population adjustment included in the calculation of the current system subtracts 600 million from the community. The Madrid region is the one that has expressed itself most clearly within this group, the one that recognizes the contacts with Catalonia and the Balearic Islands to form an unprecedented common front, and one of those that promises the most battle in the Council for Fiscal and Financial Policy. What is the position of the Valencia Community and the Murcia Region? An intermediate point, explain sources from the Valencian government. That it is based on the total population criterion but that the adjusted population criterion can be taken into account. In fact, they point out that if they were not in Santiago de Compostela yesterday it is because they have not been invited and not because they are part of another side to which Andalusia and even the Balearic Islands could also join,that despite having received the call from Madrid could also be interested in this model. But, in any case, in which the Valencia Community and Murcia are totally inflexible is that the current model must be renewed immediately since it is "insufficient, complex and not very transparent", and that both territories are the ones with a greater under-financing throughout the country. Is that so? Yes, according to the estimates of Ángel de la Fuente, one of the leading experts in regional financing and whose calculations show that the Valencian Community and Murcia are under-financed. But so are Andalusia, Castilla-La Mancha or even very slightly Catalonia. And despite this, all these regions present better deficit forecasts.Which communities will have a greater deficit this year? The Valencian Community and the Region of Murcia. According to Fedea, the community governed by Ximo Puig will go up to 1.5% of GDP, which means almost tripling the 0.6% in which the reference rate is. And the one led by López Miras will reach an also notable 1%. What do the rest of the communities say? Nothing. Or, at least, they do not make it very high since the remaining three know benefited in one way or another. Basque Country and Navarra, to which their forality confers clearly superior resources; and the Canary Islands, which, despite being in the common system, presents aids and tax benefits due to its insularity and condition of an ultra-peripheral territory that distinguishes it from the rest.which means almost tripling the 0.6% in which the reference rate is. And the one led by López Miras will reach an also notable 1%. What do the rest of the communities say? Nothing. Or, at least, they do not make it very high since the remaining three know benefited in one way or another. Basque Country and Navarra, to which their forality confers clearly superior resources; and the Canary Islands, which, despite being in the common system, presents aids and tax benefits due to its insularity and condition of an ultra-peripheral territory that distinguishes it from the rest.which means almost tripling the 0.6% in which the reference rate is. And the one led by López Miras will reach an also notable 1%. What do the rest of the communities say? Nothing. Or, at least, they do not make it very high since the remaining three know benefited in one way or another. Basque Country and Navarra, to which their forality confers clearly superior resources; and the Canary Islands, which, despite being in the common system, presents aids and tax benefits due to its insularity and condition of an ultra-peripheral territory that distinguishes it from the rest.to which its forality confers clearly superior resources; and the Canary Islands, which, despite being in the common system, presents aids and tax benefits due to its insularity and condition of an ultra-peripheral territory that distinguishes it from the rest.to which its forality confers clearly superior resources; and the Canary Islands, which, despite being in the common system, presents aids and tax benefits due to its insularity and condition of an ultra-peripheral territory that distinguishes it from the rest.

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