Canaries sets its red line on financing: decouple the REF from the autonomous model

Canary Islands conditions the reform of regional financing on the REF remaining differentiated and the archipelago's singularities being respected.

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The spokesperson for the Canary Islands Government, Alfonso Cabello, has reiterated that the archipelago's essential condition in the negotiation of the new regional financing system is that its particularities be maintained, so that the Economic and Fiscal Regime (REF) is recognized and treated separately from the financing model itself.

Cabello made these statements this Monday at the press conference following the Governing Council, where he stressed that the Autonomous Community is "delighted" to be able to sit down, negotiate, and put all the documentation on the table.

"Our red lines have to do with respecting our singularities and not applying some theses that have been being considered through the media and with unofficial cross-information that has occurred," the spokesperson pointed out.

In this context, he referred to information suggesting that the REF could cease to be recognized distinctly from the regional financing system. In his opinion, "it is important to sit down at the table with all the information and be able to move forward."