Canary Islands receive €98.1 million aid as AIReF warns of spending rule breach
The Spanish Council of Ministers approved a €98.1 million aid package for the Canary Islands, allocating €45 million to employment, €30 million to anti‑poverty measures and €23.1 million to the primary sector. The package also includes actions for the ports of La Luz in Gran Canaria and Granadilla in Tenerife.
The Independent Authority for Fiscal Responsibility (AIReF) warned that the Canary Islands will exceed the EU‑recommended public‑spending ratio, projecting 4.6 % in 2026 and 7.2 % in 2027, both above the limits of 3.5 % and 4.0 %. AIReF noted that the 2026‑2027 Economic‑Financial Plan contains no new spending‑containment actions and that a €29 million health‑sector saving lacks concrete implementation.
Matilde Asián, the regional finance minister, signed the order to start drafting the 2027 General Budget, with a deadline of 1 November for parliamentary submission. The draft will prioritise health, education, housing, digital transformation and environmental projects.
Political controversy accompanied the fiscal developments: Deputy Marcos Bergaz (PSOE) demanded a thorough review of the Lanzarote Renewable Acceleration Zone, which covers 3,163 ha (about 0.23 % of the island). PSOE secretary Tamara Raya called for activation of a €10 million plan to create six caravan and motorhome sites offering roughly 350 places. Nueva Canarias accused President Fernando Clavijo of inflating the financing reform benefit by €200 million, labeling the claim of a historic agreement misleading.
Entities: AIReF · Cabildo de La Palma · Canary Islands · Fernando Clavijo · Government of Spain · Luis Campos · Manuel González · Marcos Bergaz · Matilde Asián · Tamara Raya
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] The Canary Islands government pledged monthly controls on health and education spending and to defer non‑urgent investments in its 2026‑2027 Economic‑Financial Plan. (Government of Canary Islands)
- [○ 1 SOURCE] The plan adds no new measures beyond those listed in February. (AIReF)
- [○ 1 SOURCE] Health‑sector savings of €29 million are cited but lack concrete implementation actions. (AIReF)
- [○ 1 SOURCE] AIReF projects Canary Islands' spending growth at 7.2 % for 2027, exceeding the limit of 4.0 %. (AIReF)
- [○ 1 SOURCE] AIReF projects Canary Islands' computable spending growth at 4.6 % for 2026, exceeding the reference rate of 3.5 % set by the Ministry of Finance. (AIReF)
- [○ 1 SOURCE] AIReF forecasts spending increases of 4.6 % in 2028 and 4.2 % in 2029, above limits of 3.8 % and 3.6 % respectively. (AIReF)
- [○ 1 SOURCE] The €98.1 million aid package also includes measures for the ports of La Luz in Gran Canaria and Granadilla in Tenerife. (Spanish Government)
- [○ 1 SOURCE] PSOE secretary Tamara Raya demanded the implementation of a €10 million plan for six caravan and motorhome areas providing about 350 places across the island. (Tamara Raya, PSOE secretary)
- [○ 1 SOURCE] Deputy Marcos Bergaz requested a thorough review of the Lanzarote Renewable Acceleration Zone, which currently covers 3,163 ha, about 0.23 % of the island. (Marcos Bergaz, deputy)
- [● 2 SOURCES] The Canary Islands Treasury ordered the start of the 2027 General Budget drafting, with a deadline to submit the draft to Parliament before 1 November. (Matilde Asián, regional minister for Finance and EU Relations)
- [○ 1 SOURCE] Nueva Canarias said the financing reform would add €1.3 billion to Canary Islands funds, up from the previously discussed €1.1 billion. (Luis Campos, NC spokesperson)
- [○ 1 SOURCE] Nueva Canarias accused President Fernando Clavijo of inflating the financing reform improvement to €200 million, calling the claim of a historic agreement misleading. (Luis Campos, NC spokesperson)