El apoyo del PP apuntala una mayoría en el Congreso para blindar el Concierto Económico | El Correo

Overview

The Spanish Parliament overwhelmingly approved a streamlined process for updating the Basque Country's economic agreement, with only Vox opposing. This demonstrates significant cross-party support for the Basque fiscal system.

Key Players and Positions

While the PP (People's Party) had previously expressed criticism, they ultimately supported the update, highlighting their commitment to the Basque Country's fiscal autonomy. Other parties, including PSOE, PNV, EH Bildu, and Sumar, also backed the agreement, with harsh criticism directed at Vox for their opposition.

Agreement Details

The update includes:

• Expanded autonomy in taxation, particularly regarding VAT.
• Increased threshold for operations subject to Basque taxation.
• Inclusion of new taxes, such as those on e-cigarettes and multinational corporations.
• Deferred VAT payments for Basque importers.

Compromís, while supporting the agreement's principle, abstained due to concerns over Valencian Community underfunding.