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Torra accuses Spain of ‘suffocating’ Catalan finances in regional Covid-19 fund

Madrid defends "unprecedented" €16bn transfer plan to Spanish regions

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07 June 2020 07:23 PM

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ACN | Barcelona

The Catalan president, Quim Torra, has lashed out at the Spanish government over a 16-billion euros emergency fund to be shared by the state’s 17 regions, which he sees as insufficient and "suffocating" for Catalan finances.

In contrast, Torra’s proposed plan for economic recovery demanded €15 billion for Catalonia alone: five coming directly from Spain, five more from a European Stability Fund loan, and the other five evenly split from the town council’s surplus and a 1% rise in the Catalan government’s deficit cap.

  • "Why should Catalonia always assume all expenses?"

    Quim Torra · Catalan president

"Why should Catalonia always assume all expenses?” Torra reportedly told the Spanish president, Pedro Sánchez, during a weekly call with regional leaders on Sunday.

Sánchez defended the recovery plan as an "unprecedented" financial transfer from Spain to the regional governments.

According to Madrid, 9-billion euros will be allocated to healthcare starting in July, 2 billions will help the education sector, and the remaining 5 billions will be transferred as compensation for the decrease in the taxes collected.

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  • Catalan president Quim Torra takes part in a video conference with Spain's regional presidents (by Catalan government)

  • Catalan president Quim Torra takes part in a video conference with Spain's regional presidents (by Catalan government)