Madrid boycotts fiscal council, accuses central government of 'hooliganism'

The regional government of Madrid has announced it will not attend the Council of Fiscal and Budgetary Policy, accusing the central government of 'hooliganism' in its handling of regional financing. This escalates a political dispute over fiscal autonomy and funding distribution, potentially complicating intergovernmental negotiations. The move is a symbolic protest with limited direct market impact, but signals deepening political friction in Spain.