Tuesday, July 21, 2015

Madrid Catalonia offers a common front to achieve more in regional financing – Diario La Nube (Press Release)

The Ministry of Finance has sent a communication to all regions to relaunch the reform of the financing. The intention is to update before the July 31 work for the 2013 and 2012 about the effects of the application of the current model of funding in September to resume negotiations.

Andreu Mas-Colell (Photo Catalan Government)

Andreu Mas-Colell (Catalan Government Photo)

Hacienda has also relaunched at the same time, the working group of the Permanent Technical Committee of Evaluation of the funding system, made up of directors of Finance and responsible Ministry, for which it has called a meeting for mid September. In addition, the Tax Authority is developing a formula for establishing an asymmetrical deficit for communities.

The Minister of Economy Catalan, Andreu Mas-Colell , yesterday invited President Community of Madrid, Cristina Cifuentes , to go hand in negotiations for the new financing system. The Catalan Minister of Economy called for open dialogue between the two autonomous Executive to see “common ground” and analyze how “the current financing system has treated badly” to both communities, he noted.

COUNTRY 34 / VANGUARD 1, 53


(Text homemade made from news summary of the press services of Moncloa)

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