Pedro Sánchez faces an uphill struggle to pass a Spanish budget early next year as he seeks to scotch perceptions of legislative inaction and shore up his position as one of the EU’s few leftwing leaders.
Sánchez, who is more than a year into a new term as prime minister, has set the goal of passing a 2025 budget in the first quarter of the year amid corruption allegations against members of his inner circle, including his wife and brother.
The budget would provide funds that are desperately needed to finance the recovery from devastating floods that hit Valencia in October and to lift Spain’s defence spending, which lags far behind the Nato target of 2 per cent of gross domestic product.
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