Montero deja a España al borde de un expediente de Bruselas por incumplimiento de las reglas europeas de gasto
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María Jesús Montero, former Finance Minister, departs the government leaving Spain on the brink of a European Commission investigation for breaching EU spending rules. According to Cristina Herrero, former head of the Independent Authority for Fiscal Responsibility (AIReF), the government's anti-crisis measures will cause Spain to exceed permitted deficit margins in 2026, triggering a potential Excessive Deficit Procedure. This situation arises because, even before the current crisis, Spain's spending trajectory was already concerning. Montero had advocated for the EU to suspend deficit rules to accommodate member states' spending due to the war, but no agreement has been reached. Failure to comply could result in penalties imposed by the European Union.
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Key Claims (5)
AI-ExtractedThe only solution is for the EU to deactivate deficit rules to give states spending margin due to the war.
The 'anti-crisis plan' causes Spain to exceed even the most flexible spending limits this year.
The approval of the crisis response plan in the Middle East would exceed European deviation margins.
Montero's departure leaves Spain on the verge of a EU investigation for violating spending rules.
Spain already avoided a deficit procedure last year in a way that some countries considered questionable.
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