68 Spanish Prime Minister Pedro Sánchez has announced another €10bn (£8.8bn) in support to address rising prices following Russia’s invasion of Ukraine. The government would “protect the middle class and workers amid the rise in the cost of living, energy and food”, he said. The proposals include cuts to VAT and a €200 one-off payment for millions of households on less than €27,000 a year. It’s Spain’s third set of aid measures and brings total support to €45bn. Spain has succeeded in bringing down inflation in recent months to 6.8%, the lowest annual rate in the European Union and the lowest figure since the Russian invasion of Ukraine in February 2022. But food price inflation is far higher. You Might Be Interested In Three Palestinians killed by Israeli forces in West Bank India imposes Covid testing requirement for all international passengers, if necessary India-Australia Relations at Their Pinnacle Chad strikes a debt deal under the G20 Common Framework Thai politics moves forward without Move Forward UNSC resolution on Myanmar passes – India, China, Russia abstain
