The Government has managed to overcome Madrid’s boycott of the financing model reform and will try to regain the initiative in the Congress of Deputies after yesterday’s complex special plenary session. Isabel Díaz Ayuso’s Executive had called on the other PP communities to boycott the Ministry of Finance at today’s meeting of the Fiscal and Financial Policy Council. The goal was to prevent a quorum to approve the reform. But Andalusia, the Valencian Community, and Aragon, among others, confirmed to La Vanguardia yesterday that they will attend the meeting.

Volkswagen questions the continuity of the Seat brand beyond 2029: the parent company plans to gradually eliminate it and integrate it into its sister brand Cupra, according to the German media WirtschaftsWoche with leaked internal documents reported yesterday. The measure could be one of many included in the global adjustment plan of the group approved yesterday. The supervisory board – where shareholders and unions are present – gave the green light to the plan late at night, and unanimously, although it lacks details. In a statement released after the meeting, the need to “simplify the group structure” in general is mentioned, without details about Seat. The simplification and possible impact are pending a review that the executive board will now carry out and will be specified. There was more concreteness about other measures such as an additional cut of 50,000 jobs, beyond the 50,000 already underway. From Seat, they pointed out that the possible elimination of the brand “is not official” and that “no decision has been made.”