A new topic has re-emerged in Spain’s political news: Félix Bolaños and Carlos Cuerpo have unexpectedly tempered expectations for a quick update to the state accounts. During the Justice Minister’s visit to the new premises of the Fiscalía General del Estado, it was his comments that became the gesture instantly picked up by the media and government allies. The question of the future of the Presupuestos Generales del Estado is back in the spotlight—and not without reason.
Statements that left no hope
Félix Bolaños, not hiding his tension, admitted: the international situation and the war in Iran have made the process of updating the budget almost impossible. His words were a cold shower for those waiting for specifics. The minister stressed that it is impossible to forecast Spain’s economic outlook right now, and that without this, in his view, even starting work on the Ley General de Presupuestos del Estado is pointless. Such a tone and the lack of even approximate deadlines immediately raised a wave of questions—not only among politicians, but also in the media.
An extended pause
Carlos Cuerpo, who accompanied Pedro Sánchez several hours earlier, only intensified the sense of uncertainty. His comment that the macroeconomic scenario could only be updated “in the coming months” sounded like a hint that the wait would be long. Cuerpo made it clear: until a new macroeconomic forecast appears, there is no point in expecting fresh Presupuestos. In the corridors, talk immediately began that the actual date could be pushed back to 2027—and this is no longer just a rumor, but almost the official position.
Role changes and parliamentary defeats
All this is happening against the backdrop of a prolonged pause: more than four years have passed since the last PGE, presented back in the previous term of Pedro Sánchez. During this time, parliament has become accustomed to constant extensions and failed attempts to pass new budgets. The latest failure occurred in December, when the lower chamber rejected the proposed deficit path for the second time in a row. After Montero left for Andalusia and a change in the person responsible for Hacienda, the issue of a new vote is not even on the agenda.
A context that won’t let go
According to RUSSPAIN, the current situation has sparked renewed discussions about the depth of parliamentary stagnation. Every move and comment by Bolaños and Cuerpo is now under scrutiny: the government’s allies are demanding clarity, and the public is left wondering when Spain will see an updated budget. For now, only one thing hangs in the air — uncertainty, which has become the new norm for the country’s political scene.
