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Spain News Today

Spanish news in English

Saturday, November 23, 2024

Sumar Pushes Bold Budget Reforms

Published: 2024-09-16

Yolanda Díaz, leader of the Sumar party, has launched negotiations with the PSOE for Spain's upcoming General State Budgets.

The focus is on housing, social rights, and fiscal reforms.

Sumar's proposals include measures to make housing more affordable, such as limiting speculative purchases and enforcing rental price controls.

They also advocate for a universal child allowance and expanded parental leave.

Fiscal reforms aim to increase public revenue by adjusting taxes on high earners and large corporations.

Díaz emphasizes the need for Spain to modernize and reduce inequality, urging the coalition to push forward despite potential parliamentary challenges.

The initiative seeks to project unity and strength within the government as they prepare to present these proposals to Congress.