COGNICURRENT

In 2026, the consortium system in Brazil emerged as a popular alternative to traditional credit, with significant growth in both memberships and financial volume.

A Paris court is set to review Nicolas Sarkozy's request to combine sentences from separate graft and illegal campaign financing convictions.

The article discusses the evolution and challenges of party financing in Estonia, highlighting past initiatives and current proposals.

Spain's regional financing system only provided 99.6% coverage for the essential services expenditure in 2023, with Murcia and Valencia experiencing the lowest levels.

The government is expanding low-interest financial support at around 5-6% to help vulnerable low-credit groups avoid illegal high-interest private financing, and is introducing a one-stop system for victims to access all government services with a single application.

The article discusses the recent proposal for reforming the autonomous financing system in Spain and the need for more details to ensure its successful parliamentary processing.

In response to financial and organizational challenges in the healthcare system caused by hospital reforms, local officials and hospital directors are preparing to protest against the government's handling of healthcare financing.

The article explains the autonomous financing system in Spain, which allows the 15 autonomous communities under the Common Regime to manage resources within their competences as regulated by the Constitution and the LOFCA law.

The meeting on the new autonomous financing system proposed by the government concluded with all communities, except Catalonia, rejecting the new funding model after four hours of debate.

Minister of Finance María Jesús Montero announced a voluntary funding system while maintaining bilateral meetings with each territory, amidst criticism that the agreement was negotiated only with Catalonia.

Minister of Finance María Jesús Montero announced that communities will have the option to voluntarily adopt the new regional financing model or retain the current one.

The Government has informed autonomous communities that participation in the proposed new financing system is voluntary, allowing regions to stick with the expired model from 2009 if they choose.

A report from Fedea concludes that under the financing model agreed with the Generalitat, Catalonia's contribution to the solidarity system will be reduced from nearly 2.3 billion to just over 800 million.

The Spanish Ministry of Finance has proposed a reform of the autonomous financing system, which has been pending since 2014, aimed at increasing resources and tax concessions to regions, reigniting tensions over territorial distribution.

Finance Minister María Jesús Montero will present the regional financing system reform proposal to the autonomous communities amid tensions with Catalonia.

Montero highlights that six autonomous regions under the People's Party will receive fewer resources from the financing system than they contribute, while the government reforms address discrepancies in other regions.

The PP plans to reject the government's proposed reform of the autonomous financing system, even though they admit it is an improvement over the current system.

Standard & Poor's supports the government's proposal to reform the outdated autonomous financing system, arguing it could improve regional governments' solvency, but is skeptical about its parliamentary support.

The Cypriot government is embroiled in the dangerous turmoil caused by the release of edited audiovisual material showing officials speaking about the financing system for the election campaign of Nicos Christodoulides, with no clear way out in sight.

Izquierda Unida (IU) has reversed its criticism of the new regional financing system proposed by the government, considering it a good negotiation base due to its absence of ordinality principles.

The new financing model benefits Catalonia but appears as an evolution of the current system rather than the significant break originally anticipated between the PSC and ERC.

The PP is strongly opposing the new regional financing system agreed upon by the Government and ERC, threatening to file legal challenges if it is approved.

The secretary general of the PP, Miguel Tellado, has pledged that a new autonomous financing system will be approved within one year after Alberto Núñez Feijóo becomes president.

The proposed financing agreement between the Government and ERC initiates a long-overdue negotiation on Spain's autonomous financing system, which has been outdated for 12 years.

The new model of autonomous financing proposed by Vice President María Jesús Montero is a revised system designed to accommodate highly unequal territories by focusing on a revenue-sharing approach.

The Ministry of Finance has proposed a reform of the autonomous financing system that includes an additional injection of 21 billion euros for the communities.

Catalonia's new financing model will provide 5,200 euros per resident, significantly increasing funds from the previous amount of 3,408 euros per inhabitant, as celebrated by the Generalitat and ERC.

The Association of State Tax Inspectors warns that the new financing system would weaken the fight against tax fraud, injecting more personal income tax, VAT, and four new taxes to increase contributions to Catalonia.

Ayuso's government accuses Sánchez of punishing Madrid through the new regional financing system to benefit the independentist movement, which the Economy Minister vows to oppose.

Several autonomous communities governed by the PP are considering taking the new regional financing system to the Constitutional Court, which was announced by the minister amid reactions from various political factions.

Emiliano García-Page criticizes the new regional financing system that allocates an additional 1.248 billion euros to Castilla-La Mancha, calling it an affront to Spain's unity and suggesting that it should be decided by the Spanish people through elections.

The Spanish government urges the People's Party to back a new financing system that promises increased resources for regional governments, asserting that it will benefit their communities and dismissing claims of territorial inequity.

The Spanish government will make an additional effort of 20.975 billion euros to reconcile the new financing model agreed upon by President Pedro Sánchez and Esquerra Republicana leader Oriol Junqueras.

Minister of Finance María Jesús Montero has announced a proposal to reform the regional financing system, aiming to allocate an additional €21 billion to communities by 2027.

The Spanish government has revised its regional financing proposal by including a substantial financial contribution, gaining the support of Esquerra but facing rejection from Junts due to the absence of an agreed economic concert.

Catalonia has reached an agreement to receive an additional 5 billion euros, raising concerns among other regional leaders about the fairness of regional financing.

The article discusses the ordinal principle in the new financing system arranged between ERC and the Sánchez government, which is argued to limit territorial solidarity and wealth redistribution, similar to a model in Switzerland.

ERC has confirmed that the new regional financing model will adhere to the principle of ordinality, providing an additional 5 billion euros to the Generalitat of Catalonia, while aiming to reduce redistribution among regions.