The recent agreement between the Spanish Socialist Workers' Party (PSOE) and the Republican Left of Catalonia (ERC) on Catalonia's unique financial management has ignited significant political debate.

The deal, which allows Catalonia to manage and collect its taxes, has been criticized by the Popular Party (PP) for allegedly supporting separatist agendas.

Meanwhile, Junts, led by Carles Puigdemont, has expressed dissatisfaction, demanding more control over Catalonia's financial contributions to the state.

Despite the controversy, Spain's Vice President and Finance Minister, María Jesús Montero, maintains that the agreement benefits both Catalonia and Spain, enhancing regional self-governance.

However, Montero has refrained from labeling the deal as an 'economic concert,' similar to the Basque model, leading to further criticism from Junts.

The political tension continues as the government defends the agreement amidst calls for more transparency and clarity.