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La Voz Canaria

Clavijo Foresees a "Very Complicated" 2027 for the Canary Islands Due to War

The Canarian president, Fernando Clavijo, urges the central government to relax fiscal rules in the face of an uncertain economic outlook.

Generic image of a microphone on a parliamentary podium, symbolizing political debate.
IA

Generic image of a microphone on a parliamentary podium, symbolizing political debate.

The president of the Government of the Canary Islands, Fernando Clavijo, has predicted a "very complicated" 2027 for the archipelago due to the economic repercussions of the war in the Middle East, urging the central government to relax fiscal rules.

During the control session of the plenary of the Canarian Parliament, Clavijo (Coalición Canaria) reiterated the need for the autonomous community to be allowed to incur debt up to 13% of its GDP. This measure, according to the president, would enable the implementation of a "powerful" investment plan of 1.6 billion euros, in collaboration with island councils and municipalities, to revitalize a "very depressed" economy.
The opposition, represented by NC and PSOE, criticized the Canarian Government's response, pointing out that only 15 million euros have been allocated to measures to mitigate the effects of the conflict. They contrasted this figure with the more than 150 million, and even 1 billion euros, invested by other autonomous communities. Furthermore, they lamented the absence of specific proposals for vulnerable families and individuals.
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"There is no measure that can absorb the impact."

Fernando Clavijo · President of the Government of the Canary Islands
Clavijo expressed concern about a potential shortage of kerosene for airplanes, which "could jeopardize tourism" in the islands. He trusts that the "effort" made by Canarian society to maintain low debt will now be "rewarded" and allow for the continuation of economic growth seen over the past three years.
The president valued the "dialogue" with the central government to correct what he considers an "injustice" in the state decree of crisis measures, which contributed 15.3 million euros to the Canary Islands. Although this amount is higher than that provided by the Canarian Government itself, Clavijo stated that the autonomous measures only serve to "cushion the blow," not to absorb the full impact of rising oil prices and other products.
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"The Canarian anti-crisis decree arrives late, poorly, and rigged."

Luis Campos · Spokesperson for NC-bc
Luis Campos, spokesperson for NC-bc, described the Canarian anti-crisis decree as "late, poorly, and rigged," noting that it was approved almost a month and a half after the war began. He criticized the allocation of only 29.8 million euros (15 million from the State and 14.8 million from the Canarian Government) when the Canary Islands will be the most affected community. Meanwhile, Sebastián Franquis, spokesperson for the Socialist Group, lamented the decree's "lack of social sensitivity" for not including measures for vulnerable families.

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