106 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 Thai politics moves forward without Move Forward Vladimir Putin and Xi Jinping to meet in Beijing in October, says Russia PM Pham Minh Chinh Departs Hanoi for ASEAN-Australia Special Summit and Official Visits to Australia, New Zealand Donald Trump Calls Off Press Conference, Will Present 'Irrefutable' Evidence Of Vote Fraud During Infrastructure Week Markel Launches PI and Clarifies Intentions Joe Biden’s visit to Hanoi is a signal to China
