Tuesday, September 23, 2025
Tenerife Weekly
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
Tenerife Weekly
No Result
View All Result
Home Europa Press

Canary Executive Frustrated Over Ministry of Finance Debt Proposal

February 26, 2025
in Europa Press
Reading Time: 1 min read
0
Canary Executive Frustrated Over Ministry of Finance Debt Proposal
3
SHARES
Share on FacebookShare on Twitter

Santa Cruz de Tenerife, 26 Feb. (Europa Press) –

The president of the Canary Islands Government, Fernando Clavijo, stated on Wednesday that the Canarian Executive feels “aggrieved” following the announcement of the Ministry of Finance regarding the cloud of debt impacting the regions. He remarked that it is “unreasonable” for an autonomous community with “greater wealth”—referring to Catalonia—to carry “more debt” compared to another that possesses a lower GDP yet has been “responsible.”

In comments to the press after his participation in the Assembly for Social Innovation in the Canary Islands, held in Breña Baja (La Palma), the president conveyed that this matter is not a “confrontation” between regions, but rather that “it is senseless” to assign more debt to an autonomous community that “has more wealth than another” which has been “responsible” since “when we discuss that 30%, we are not borrowing beyond our means.”

“The Canary Islands is currently the least indebted autonomous community in the entire State,” Clavijo stated, emphasising, with data at the population level, how “it is irrational” that “over 2,200 euros represent the debt condoned for a citizen of Catalonia” while “1,468 euros applies to an islander, especially when salaries in Catalonia are higher and their per capita GDP is greater than that of the Canary Islands”.”

Fernando Clavijo expressed his belief that the proposal for the reduction of debts among the Autonomous Communities could be improved “a little.” He noted that during a meeting with the State, the islands would approach this topic with “a constructive tone,” backed by “empirical evidence” and reasoning to ensure that debt condonation “is not perceived as an injustice,” while striving to avoid participating in “political squabbles.”

Related Posts

Podemos Calls for Suspension of La Laguna-Tenerife-Bnei Herzliya Basketball Champions League Match
Europa Press

Podemos Calls for Suspension of La Laguna-Tenerife-Bnei Herzliya Basketball Champions League Match

September 18, 2025
Canary Islands and Euskadi Forge Alliance Advocating “Practical Politics” Against National “Polarisation”
Europa Press

Canary Islands and Euskadi Forge Alliance Advocating “Practical Politics” Against National “Polarisation”

September 11, 2025
Clavijo and Pradales to Sign Bilateral R&D Agreement in the Canaries this Thursday
Europa Press

Clavijo and Pradales to Sign Bilateral R&D Agreement in the Canaries this Thursday

September 11, 2025
No Result
View All Result

Latest Blog Articles

  • Blog
Trailblazing Tenerife: Discover the Wonders of Hiking Teide

Trailblazing Tenerife: Discover the Wonders of Hiking Teide

2 days ago
Dolphin Encounters in Tenerife: A Journey Through the Waves

Dolphin Encounters in Tenerife: A Journey Through the Waves

5 days ago
Why Tenerife Could Be the Surprise Winner as American Tourism Takes a Hit

Why Tenerife Could Be the Surprise Winner as American Tourism Takes a Hit

5 days ago
Tenerife’s Ocean Giants: Unforgettable Whale Watching Experiences

Tenerife’s Ocean Giants: Unforgettable Whale Watching Experiences

1 week ago
El Médano: A Hidden Gem for Windsurfing Enthusiasts

El Médano: A Hidden Gem for Windsurfing Enthusiasts

2 weeks ago
Protected: Tenerife Femenino Breaks Records as 22,000 Fans Pack Stadium in Historic Night for Women’s Football

Protected: Tenerife Femenino Breaks Records as 22,000 Fans Pack Stadium in Historic Night for Women’s Football

2 weeks ago
No Result
View All Result

News Highlights

24 Machines to Enhance Passport Control at Tenerife South Airport

The La Laguna Market: Autumn Recipes Featuring Seasonal Fruits

La Laguna Boosts Recycling Rates and Progresses Towards a More Sustainable City Model

Fierro Raises Alarm Over “Invisible Crisis” in Radio Televisión Canaria Due to “Political Interference”

Canary Wrestling Museum, Tenerife: A Journey Through Island Tradition and Pride

United we can assert that La Laguna has returned to 2018 in sustainable mobility.

Trending News

The Tenerife Village That Withstood Pirates and Eruptions, Now Captivating National Geographic
Atlantico

The Tenerife Village That Withstood Pirates and Eruptions, Now Captivating National Geographic

by Admin
September 23, 2025
0

Garachico: A Timeless Treasure on Tenerife's North Coast A Lasting Legacy Garachico, located on the northern coast...

Desperation Among Farmers Over Challenges Selling Local Potatoes Due to Imports from the UK, Israel, and Egypt

Desperation Among Farmers Over Challenges Selling Local Potatoes Due to Imports from the UK, Israel, and Egypt

September 23, 2025
Fundación Canarina Criticises Train Project in Canary Islands: “It’s Unfeasible and Excessive”

Fundación Canarina Criticises Train Project in Canary Islands: “It’s Unfeasible and Excessive”

September 23, 2025
24 Machines to Enhance Passport Control at Tenerife South Airport

24 Machines to Enhance Passport Control at Tenerife South Airport

September 23, 2025
The La Laguna Market: Autumn Recipes Featuring Seasonal Fruits

The La Laguna Market: Autumn Recipes Featuring Seasonal Fruits

September 23, 2025
Tenerife Weekly

© 2025 Tenerife Weekly

Navigate Site

  • Tenerife Forum
  • Tenerife Travel Shop
  • Ask Tenerife
  • Canarian News
  • Privacy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact

© 2025 Tenerife Weekly