The Islands will contribute more than 400 million euros to the other autonomous communities in 2026
The Executive will receive 4.206 billion euros between advance payments and final settlement of the financing system
PalmThe Balearic Islands will contribute €408.51 million in 2026 as a solidarity quota to other autonomous communities, according to calculations by the Government of the Balearic Islands, as reported by the Balearic Government.Latest News and confirmed in the Balearic Islands Regional Government (ARA Baleares). According to the Ministry of Economy and Finance, this is the difference between what the Islands contribute and what they receive through the three existing funds within the regional financing system.
The Executive will receive 4.206 billion euros between advance payments and settlement of the financing system, according to calculations provided this Monday by the Vice President and Minister of Finance, María Jesús Montero, at the meeting of the Fiscal and Financial Policy Council. This figure represents an increase of 4.6% compared to the previous year. In addition, it will contribute these 408.51 million euros to the common fund.
Montero informed the regions on Monday that she will present a new model for regional financing in the next two months, which would combine multilateral and bilateral negotiations. However, PP barons, upon leaving the meeting, considered this guarantee to be "highly unbelievable," because the minister "does not say what the basis of this system will be, nor the amount of funds that will be incorporated, nor how it will be structured with the communities," as reported by Europa Press.
The concept of 'bilateralism' is causing tension among the People's Party, which refuses to allow Catalonia, which has requested special funding, to negotiate any improvements on its own with the central government. The president of the Balearic Islands, Marga Prohens, reiterated this position last Friday after meeting with the president of the Catalan government, Salvador Illa. She warned that she would resort to "all legal avenues" if Catalonia negotiates its funding independently, outside of multilateral forums.