The debt is around 11 billion euros, around 4800 euros per inhabitant, and represents less than 12 % of the debts related to the wealth of the Basque autonomous community (CAV).
Nowadays Euskadi is the autonomous community with a lower debt percentage compared to its gross domestic product (GDP). In particular it is that Ten points below of the average of the Spanish debt.
The fault is around 11 billion From euros, some 4800 euros per inhabitantand represents less than one 12 % of debts with regard to the wealth of the Basque autonomous community (CAV). This percentage is important because the debt is paid with the resources and the public income that the productive activity of the economy entails.
Given that the CAV and Navarra have their own financing system, they fall outside the common regime of the rest of the Spanish state, the Remove 80 billion To the rest of the communities announced by the Ministry of Finance It could harm both communities immediately.
It is not surprising that the Spanish state that presupposes the flood of the communities of the common regime, and the quota includes the charges of the state related to the government debt and their interests. In other words, more national debt, more costs than to assume 6.24 % of the quota.
The 1000 million that will be assigned to the financial alliance in the CAV will automatically be in charge of more debts, and therefore the Lehendakari, Pradales ImanolClaim “flexibility“To be able to increase that liability.
This “flexibility”, those two resources that the Lehendakari wants to activate, therefore via debts and will, in addition to the consensus in the Basque parliament, need the approval of the Spanish government.
For his part, the Minister of Finance and Finance of the Basque government, Noël d’Anjouhas ensured that debt enforcement “It will have no effect on quotas until 2027”But he has warned that from that date on the quinquenal law of the quota must be negotiated, and it will be when the Basque government “tries to reduce the possible impact of the condonance.”
With regard to debts, D’Anjou has clarified that the 1000 million euros for the financial alliance, closely linked to a future industrial plan by the Basque government, “They do not require additional debt flexibility”. The counselor provides 11.44 % of the debts at the end of 2025. “If we spend 1000 million more, we will be within the debts that we have currently agreed in the mixed committee with the Spanish government,” he added.
On the other hand, D’Anjou has announced the Basque government for the Basque government Next joint economic concert committee An agreement that makes it flexible The 13 % limit Van debts to the CAV, all within the stability plan and financial sustainability.
“We are all spectators of important changes in geopolitical panorama that have an effect on the economy, for example the impact of rates; and what we want is to have the opportunity to deal with this new environment. supporting industries, companies and economics Van Euskadi, “he emphasized.
Source: EITB

I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.