BECAUSE OF INFLATION THE SPANISH GOVERNMENT REMOVES VAT ON FOODSTUFFS

Also, the Spanish left-wing government announced on Tuesday, December 27 the abolition of VAT on basic necessities in order to compensate for the sharp rise in prices, as well as aid of 200 euros for the most modest families. . These announcements are part of a new series of measures worth 10 billion euros.

This brings to 45 billion euros the total of the measures taken this year by the government to help Spaniards cope with the explosion of inflation, said Socialist Prime Minister Pedro Sanchez during his last press conference in the year.

These new measures are centered on food products, whose rise over one year reached 15.3% in November.

Aid of 200 euros for certain families

During the next six months, “VAT will drop from 4% to 0% for all basic necessities”, such as bread, milk, cheese, fruit, vegetables or cereals, added Pedro Sanchez.

VAT on oil and pasta will drop from 10% to 5%.

The other shock measure adopted on Tuesday morning during the last Council of Ministers of the year relates to the establishment of a

“aid of 200 euros” for families whose income is less than or equal to 27,000 euros per year, in order to “compensate for the rise in food prices”.

On the other hand, the rebate of 20 centimes per liter of fuel which all motorists currently benefit from will be reserved, from 1 January, for the "sectors most affected" by inflation, namely transporters, farmers, maritime companies and fishermen, said Pedro Sanchez again.

Since the Russian invasion of Ukraine on February 24, the Spanish government has multiplied aid to try to contain inflation, which has exploded throughout Europe.