During a debate at the General Commission of Island Councils in the Parliament of the Canary Islands, a representative from the Vice-Ministry of Finance explained that the decree is necessary because state measures do not directly apply to the islands and affect autonomous financing. However, it was noted that the Central Government had already agreed with Canarias on a contribution of 15 million euros, with the possibility of increasing to 60 million if the conflict prolongs.
Approved fiscal measures include raising the IGIC exemption threshold for self-employed individuals and SMEs from 30,000 to 50,000 euros, reducing the IGIC to 0% on energy products and three basic products (salt, butter, and coffee), and increasing the fuel tax refund for transport professionals from 67% to 99%.
Regarding direct aid, 3.6 million euros will be allocated to compensate Canarian industry and another 3.6 million for farmers, ranchers, and fishermen, who have been affected by rising costs. Nevertheless, parliamentary opposition has criticized the lack of specific measures for the most vulnerable families.
“"The regional government must make a greater effort to protect families and businesses, given that the economic situation is exceptional and the Canary Islands are very vulnerable to international crises."
Other island representatives have expressed diverse opinions. A councilor from the Fuerteventura Council described the decree as “necessary” and highlighted its support for the primary sector, requesting the State to suspend spending rules. A vice-president of the La Gomera Council acknowledged the complexity of the situation and the need for agility, opening the door to future revisions of the decree.
For her part, a councilor from the La Palma Council praised the “responsibility” of the Canarian Government, but insisted that double insularity and high transport costs are a burden, especially for the primary sector. She also requested the exemption of fiscal rules for La Palma due to the effects of the volcanic eruption. Finally, a vice-president of the Tenerife Council emphasized the need to make state fiscal rules more flexible and asked the regional Executive to meet with the island corporations to assess the evolution of the conflict and its impacts.




