The 2027 State Budget is guaranteed to pass after the Socialist Party (PS) publicly announced it will abstain from the vote.
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The 2027 State Budget proposal increases the property value threshold for the 'IMT Jovem' exemption by 2.3%, raising the limit from 330,539 euros to 338,141 euros. The secondary bracket for properties costing up to 676,185 euros—where an 8% marginal tax rate applies—is also adjusted upward.
ANAREC estimates that the new requirement for gas stations to display ISP tax discount information will cost retailers 10 million euros annually due to the need for frequent updates to signage and equipment. The association argues the measure is political and fails to provide transparency on the total tax burden, which they believe is already adequately documented on consumer receipts.
The government's macroeconomic forecast for the 2027 State Budget projects an increase in average 3-month market interest rates to 3.4% and an average Brent crude oil price of 86.1 dollars per barrel. These projections are part of a fiscal scenario that anticipates economic growth of 2.1% and a budget surplus of 0.2% in 2027.