Article author:
AP communication
Madrid (AP) —The Spanish government has approved a package of more than € 9 billion ($ 9.5 billion) in emergency economic measures to ease the economic downturn caused by Russia's invasion of Ukraine, Prime Minister Pedro Sanchez said. rice field. Saturday.
"This war and its economic and social implications have created extraordinary uncertainty about the European and international economies and, of course, the Spanish economy," Sanchez told reporters.
"As a result, we mitigate this effect by the means we have and share the economic and social costs of war in a fair and equitable way," he said. Added.
Measures include a 10% to 5% reduction in electricity tax, a monthly ticket cost reduction, and a one-time payment of € 200 ($ 211). It is included. ) For those who earn less than € 14,000 ($ 14,756) and have not yet received benefits.
A series of previously announced measures will be extended, including a 20 cent reduction in gasoline prices at pumps and a 15% increase in benefits.
Socialists say the government is also designing taxes aimed at the "extraordinary gains" earned by energy companies since the Russian war in Ukraine soared prices. Sanchez, who heads the coalition government, said.
"This is an initiative that is in harmony with our country's public opinion," said the Prime Minister.
His announcement came less than a week after the opposition People's Party acquired an unprecedented majority government in the Andalusian region of southern Spain. Some analysts have linked the loss of socialism in areas that were once home to the party to rising inflation and growing concerns about living expenses.
