Spain to reduce VAT on gas to 5% from October until at least the end of year
Spanish Prime Minister Pedro Sánchez has said that his government is set to reduce VAT (IVA in Spain) on gas from 21% to 5% from October in...
Energy
Scholz confirms support for ‘MidCat’ gas pipeline in meeting with Sánchez
Click here for all our reports related to the Russian invasion of Ukraine. German Chancellor Olaf Scholz has confirmed his strong support for a gas...
Spanish Congress approves country’s energy saving plan
The Spanish Congress this week approved the government’s energy-saving rules which include limits on air-conditioning use as part of an EU-wide effort to reduce reliance...
Spanish government to allow flexibility on air-conditioning, but rules out U-turn on decree
The Spanish government’s announcement last week that shops, supermarkets, bars, restaurants and hotels will have to set their air-conditioning at a maximum level of 27C has not...
Spain will not order consumers to reduce gas consumption by 15%, as proposed by EU
The Spanish government has rejected the plan announced by the European Commission to cut gas consumption by 15% in the coming months in view of...
Spain to hit banks and energy firms with temporary windfall tax
ALSO READ: Many train journeys in Spain will be free from September until end of year. Spain is to hit energy firms and banks with temporary...
Spain’s energy minister urges firms to reduce Russian gas imports
Spain’s Energy Minister Teresa Ribera has urged Spanish companies to reduce imports of liquefied natural gas (LNG) from Russia and search for alternatives, adding that...
G7 leaders pledge to stand with Ukraine ‘for as long as it takes’
Click here for all our reports related to the Russian invasion of Ukraine. The Group of Seven (G7) leaders began Monday’s session of their three-day summit...
Spain announces further €9bn to tackle Ukraine fallout, with fuel subsidy extended
The Spanish government on Saturday announced a further €9 billion national aid plan to help the country against the on-going economic fallout from the Russian invasion...
Spain to reduce IVA tax on electricity bills to 5%
Spanish Prime Minister Pedro Sánchez announced on Wednesday that the rate of IVA (VAT) is to be reduced on electricity bills from the current 10%...
