VAT on light and gas returns to 21% on Monday
The Spanish Government decreed a tax cut in March on the occasion of the war in Iran, which expires on Monday, although the tax measures on fuels and the Value Tax on Electricity Production will be in effect until June 30.
Electricity and gas bills will rise again from this Monday because thetax cut will end .
Theanti-crisis plan for the war in Iran was launched by the Spanish Government in March, with a reduction in VAT.
Indeed, the fall in electricity and natural gas prices in April makes it possible to reverse the Excise Duty on Electricity (which fell from 5.11% to 0.5%) and the VAT on electricity and natural gas, as well as briquettes, pellets and wood(which fell from 21% to 10%).
The April Consumer Price Index (CPI) stood at 3.2%, confirming, according to the government, that the measures put in place in Spain are "working," without which inflation would be one point higher.
Measures that will remain in force until 30 June
However, not all measures will be suspended this Monday. Measures relating to the Value Tax on Electricity Production, for example, will remain in force until 30 June.
Tax measures on fuels - reduced rates of hydrocarbon tax, 10% VAT on petrol, diesel and biofuels and partial repayment of professional diesel - will also be in force until 30 June.
Sectoral measures such as support for farmers and hauliers and enhanced discounts on the electric social bond (42.5 per cent for the most vulnerable consumers and 57.5 per cent for the most vulnerable) will also be maintained.
The Spanish Government will also continue to monitor price developments and will continue to meet with the social partners and the sectors most affected to see whether it is necessary to continue to maintain, eliminate or put into effect some measures from 30 June.
You might like
DHL Express has laid the foundation stone of the future hangar at Vitoria airport
The company plans to take a giant step with a 6,600-square-foot ship, along with more than 13,000 square meters of outdoor facilities, making it the second largest DHL hangar on the European continent.
The chain's first fully manufactured electric car leaves the multinational Volkswagen plant in Landaben
Škoda Epiq is the first fully manufactured electric car in Pamplona and Volkswagen Navarra will continue to manufacture T-Cross and Taigo combustion models.
The Council of Álava will have the final say on whether or not summer camps are held in Bernedo, according to Berriozabal
Interviewed on Radio Euskadi , the president of the Araba Buru Batzar of the PNV, Jone Berriozabal, has said that it is "worrying" that, following last year's complaints about the summer camps in Bernedo, 200 families want to take their children to this camp.
Igor Arroyo: "Everyone must be able to learn Basque, but in order to stabilize their knowledge in the public service it is necessary"
The general coordinator of the LAB union has criticized the CC.OO. union for its attitude towards the Euskera. In his opinion, this union has made a "big mistake", not only because it takes CC.OO away from ELA and LAB, but because it takes it away from the "Basque workers".
The Navarre government will contribute 50 million euros to the company it will create with the Chinese company Hithium
The battery and power storage plant will initially create 700 jobs, and in a second phase the number could reach 1,000 workers.
Nadia Calviño has stressed that the Basque Country is a "good customer" of the European Investment Bank, promoting innovation in various areas
Arantza Ruiz, Director of Information at EITB Media, has interviewed Nadia Calviño, President of the European Investment Bank, on the "12 Minutes" programme of A0ETB2.
Medical Director and Deputy Medical Director of Cruces University Hospital resign
According to EITB, both resignations fall within the context of the medical strike and the assistance pressure that the stoppages are causing.
The Government approves the broad outlines of the 2027 budget, with growth projected at 1.6 per cent
The Finance and Finance Adviser, Nöel d'Anjou, has explained that the priority will be to strengthen basic public services, health, education, housing, security and social services.
Medical unions call for a rally in front of the Ministry of Health on June 15
The six medical unions on the strike committee maintain the call for a strike from 15 to 19 June and express their willingness to meet with the Ministry of Health whenever there is a real negotiating will and concrete proposals are on the table.
Talgo has reached a volume of orders of EUR 6.3 billion, the highest in its history, and aims to double its production capacity
The company has announced the creation in the Basque Country of a corporate research unit integrated into the Basque Network of Science, Technology and Innovation.