A €670 million increase in taxation on diesel fuel and various measures to hasten Spain's energy transition were among budget proposals approved today by Spain’s centre-left government, and to be submitted shortly for evaluation by the European Commission.
The draft is based on an agreement last Thursday between the government and the left-wing Unidos Podemos alliance seeking a “transition to a new paradigm characterised by decarbonisation, decentralisation of generation and the electrification of the economy”.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.