Esquerra Republicana and the Socialist Party have signed a preliminary agreement for investiture, where ERC is returning to a policy of agreements within the constitutional framework, and PSC is showcasing its federal roots.
The agreement consists of four main aspects: the so-called political conflict and the need for dialogue; the recognition of Catalonia and its language; the continuity of public policies; and the 'singular' financing system.
The proposed financing system is called 'solidarity financial concert'. This is the most controversial aspect of the agreement as it requires a reform to the law on financing autonomy.
The pact is considered to have historical implications for the political structure of Spain, being compared to the Pact of Majestic between PP and CiU.
This pact poses a crucial dilemma for ERC militants, who must vote for a non-independentist president. A rejection could lead to new elections.
Conclusion: Despite the dilemmas and controversy that this agreement raises, cooperation with nationalisms has proved useful to Spanish democracy. It is also suggested that this agreement may mark the official end of the 'procés', but not the end of independentist ideas.