2 hours ago
Spain is expected to implement emergency tax cuts, reducing the VAT on fuels from 21% to 10%. This move comes amid concerns over the economic impact of the ongoing US-Israel conflict on Iran and its broader effects on energy prices.
European Commission President Ursula von der Leyen has indicated that the EU may take steps to assist member states in managing rising energy costs, signaling potential coordinated action to alleviate the financial burden on consumers.
