Arcadi España warns of funding risks for Valencia under PP-Vox coalition

Spanish Finance Minister Arcadi España has warned that a potential coalition government between the PP and Vox following the November 29 general elections could block a new regional financing model. Speaking in Valencia, España stated that such a government would leave the Valencian Community without the 3,669 million euros allocated in the current government's proposal.

The Minister emphasized that the current PSOE-led government has presented a concrete proposal with specific figures for each autonomous community, a level of detail he claims has been absent for years. He argued that a progressive government is essential for the approval of this system, asserting that the PP has not provided clear numerical figures and that Vox does not support regional self-governance.

Additionally, España criticized the PP's fiscal platform, specifically their plan to reduce IRPF by 85,000 million euros. He questioned how such tax cuts would be funded, noting that the amount is equivalent to the total regional expenditure on education and 80 percent of healthcare spending.