When the Russian invasion of Ukraine broke out in 2022 Spain was able to use a mechanism that allowed it to contain the price of electricity and lower a soaring electricity bills for consumers.
EU Blocks Cheaper Gas for Spain
by Martin Myall •
Tag Archive for fuel prices
Fishing Sector Struggles On
by Martin Myall •
The Motril fishing sector hangs on by its finger tips, batting down their hatches against fishing restrictions and the price of fuel.
IVA Cut on Electricity
by Martin Myall •
Spanish PM, Pedro Sánchez, announced that he was going to reduce IVA on electricity from 10% down to 5% after having initially refused to do so.
Fuel Prices Sky High
by Martin Myall •
Each week the price of petrol and diesel climbs, breaking records, leaving drivers with a 5.3% increase in petrol so far this year.