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THE BALANCE OF THE YEAR

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Sanchez will present the 2026 budgets and exhaust the legislature, even if it is not approved

The President of the Spanish Government has expressed his intention to talk to all the groups in order to push through the new budgets.

Pedro sánchez hace balance del curso
Pedro Sanchez has taken stock of the end of the political course at the Moncloa Palace. Photo: EFE.

The President of the Spanish Government, Pedro Sánchez, has announced on Monday that his government will presentthe 2026 Budget Bill du and has announced its intention to negotiate its adoption, although he has advanced that heplans to complete the  legislature by 2027, even if he does not get the votes needed to push through those budgets.

Sanchez made this announcement at the Palacio de la Moncloa, where he took stock of the end of the political course. During his appearance, he provided a series of economic and social data that he said support the work of his government.

No draft budget has been submitted in this legislature; the current ones are those extended since 2023. However, the President has ensured that "the Government will present the State General Budgets by 2026" and has stressed that they will be better from a social point of view than the current ones.

He has also indicated that heintends to negotiate with all Members of Parliament talde and has specified that he will 'fight' for the necessary support.

In this context, the former President of the Generalitat and leader of Junts, Carles Puigdemont, has been willing to meet and has taken advantage of this to recall the Constitutional Court's endorsement of the amnesty law, a meeting which, however, has no date at the moment.

Asked if he sees a full term possible without a new budget, he has stressed that the legislatures last four years, not "four minutes." Thus, although he fails to approve the new budgets, he has hinted that he will not bring forward the general elections and will exhaust the legislature.

In drawing up the balance sheet, Sanchez has highlighted the economic data and pointed out that the rest of the European countries have nothing similar, so he wanted to stress that Social Security has reached 22 million members and that the unemployment rate is 10.3%, the lowest since 2008.

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