Post #58653

Spain approved a €5 billion emergency package (~80 measures) to offset energy price shocks from Iran War. Key steps include cutting VAT on fuel and energy to 10% (up to €0.30/litre cheaper fuel), reducing electricity taxes by ~60%, and providing a €0.20/litre subsidy for transport, agriculture, and fishing sectors. The plan targets 20 million households and 3 million companies.