Moncloa reiterates: “Budgets in 2026 and elections in 2027”. That is the plan. And, for now, the only clear roadmap within the Government.
After extending the 2023 accounts for the years 2024, 2025, and 2026, the Executive has not managed—despite repeated unfulfilled promises—to approve new Budgets. However, this time the objective “is firm”, sources from several ministries involved in the task indicate.
While it is true that there is not enough support, at least for now, and despite the fact that the Constitution obliges the Government to prepare and present the General State Budgets annually—Article 134 so establishes—the processing itself offers the Executive a last opportunity to start the political course in September after the summer break and fill the agenda at least until the project is voted on.
The starting gun for the new public accounts was fired at the beginning of the month, when the Ministry of Finance published the order for their preparation. Tomorrow, the Council of Ministers will approve the macroeconomic forecasts that will serve as the basis for the project, and it is expected that, by mid-July, the spending ceiling and the deficit path will also be presented, according to sources from Moncloa.
In this way, and with the summer period as a balm that can reduce the political tension marked by the judicial agenda, the President of the Government, Pedro Sánchez, will be able to occupy the political space and maintain dialogue with parliamentary partners who, almost unanimously, consider the legislature exhausted.
Sánchez starts the campaign before calling elections
“We are going to clean up what needs to be cleaned up and we will continue governing”, Sánchez affirmed as a central message before the Federal Committee held this Saturday.
From Ferraz, it had already been announced that the political message would be “forceful” and would be directed at the entire party: intermediate cadres and militants, as we already reported this week. He has asked all of them for “unity” and has insisted that there will be no elections until 2027.
The President of the Government and leader of the socialists thus gives the starting signal for a long political and electoral campaign, despite the fact that there is still no date for calling elections, which will come after burning the last cartridge of the Budgets.
“How are we not going to continue?”, Sánchez repeated to his own in a message similar to the one he launched last Wednesday in Congress during his appearance regarding corruption. The president also set the horizon at 2031, with “four more years of progressive government,” and reiterated his intention to run again as a candidate.
With no election call in sight, the socialist leader's message seeks to convey the idea of continuity and mobilize his party in a context marked by the political and judicial desgaste of the Executive.
New decree-law with more aid to “protect the economy”
The Government will approve tomorrow, in the same Council of Ministers, a new royal decree-law with measures aimed at mitigating the impact of the Iran war, whose economic effects, despite the new phase of the conflict, are expected to last for the coming months.
So far, a 5 billion euro aid package has been deployed, expiring on June 30, with measures against the impact of an “illegal war that has only brought ruin and death,” according to Sánchez himself.
While awaiting the new lines of protection, Moncloa insists that they will be in force “as long as necessary” to thus “protect households, industry, and, ultimately, the economy of our country.”
With this new package of measures and the attempt to reactivate the budgetary agenda, the Government seeks to reach autumn with its own political initiative, in a scenario where the legislature continues to depend on parliamentary support that today remains unguaranteed.
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