Tuesday, October 4, 2022
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Spain Pedro Sánchez – new anti-crisis measures



On Saturday, following a rare assembly of the cupboard, Prime Minister Pedro Sánchez introduced a brand new package deal of measures to take care of the rise in inflation. These will final till the top of the 12 months and can value 9,000 million euros, which rises to fifteen,000 million when measures already in pressure are factored in.

Among the many measures might be direct assist of 200 euros for the self-employed and the unemployed with low incomes. This may be requested from July. There might be reductions of 30% to 50% for public transport passes and a 15% enhance in non-contributory retirement and incapacity pensions, which represents a rise of 60 euros per 30 days (360 euros by the top of the 12 months).

The utmost worth of butane is to be capped, and IVA (VAT) on electrical energy payments might be diminished from 10% to five%. The 20 cent low cost for a litre of gasoline might be prolonged till December 31.

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