{"id":852060,"date":"2026-03-26T17:52:15","date_gmt":"2026-03-26T17:52:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/852060\/"},"modified":"2026-03-26T17:52:15","modified_gmt":"2026-03-26T17:52:15","slug":"spains-parliament-approves-e5-billion-package-to-curb-impact-of-war-in-iran","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/852060\/","title":{"rendered":"Spain&#8217;s parliament approves \u20ac5 billion package to curb impact of war in Iran"},"content":{"rendered":"<p>Spain&#8217;s parliament approved a sweeping package worth \u20ac5 billion euros on Thursday aimed at curbing the economic impact of the Iran war, including steep cuts to energy taxes.<\/p>\n<p>          <img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt=\"\" loading=\"lazy\"\/><br \/>\n          ADVERTISEMENT<\/p>\n<p>          <img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt=\"\" loading=\"lazy\"\/><br \/>\n          ADVERTISEMENT<\/p>\n<p>The measures passed with 175 votes in favour, 33 against and 141 abstentions.<\/p>\n<p>&#8220;These measures are designed to protect our productive sectors and the most vulnerable people,&#8221; Socialist Prime Minister Pedro S\u00e1nchez said last week when he unveiled the plan.<\/p>\n<p>The measures include cuts to value-added tax on gas and fuel expected to reduce pump prices by as much as \u20ac0.3 per litre, or roughly \u20ac20 per tank for the average car.<\/p>\n<p>Additional support includes a direct subsidy of \u20ac0.2 per litre of fuel for transport operators, farmers, ranchers and fishermen, along with lower electricity taxes.<\/p>\n<p>Gasoline prices in Spain surged from \u20ac1. euros per litre on 28 February, when the US-Israeli bombings against Iran began, to \u20ac1.8 per litre at the weekend.<\/p>\n<p>S\u00e1nchez defiantly refused to let US troops use its bases to attack Iran at the start of the conflict, a move that drew sharp criticism from US President Donald Trump.<\/p>\n<p>&#8220;Every bomb that falls in the Middle East eventually hits, as we are already seeing, the wallets of our families,&#8221; S\u00e1nchez told parliament on Wednesday.<\/p>\n<p>The European Union&#8217;s fourth-largest economy has in recent years registered growth rates far higher than its peers, notably thanks to domestic consumption, tourism and exports.<\/p>\n<p>But officials fear that the conflict could dampen growth.<\/p>\n<p>Additional sources<strong> \u2022 AFP<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Spain&#8217;s parliament approved a sweeping package worth \u20ac5 billion euros on Thursday aimed at curbing the economic impact&hellip;\n","protected":false},"author":2,"featured_media":852061,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5174],"tags":[2000,299,5187,1699,774,243063,159100,169315,104,183623],"class_list":["post-852060","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-eu","tag-europe","tag-european","tag-european-union","tag-iran","tag-junts-per-catalunya","tag-podemos","tag-psoe","tag-spain","tag-spanish-parliement"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116296754684306296","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/852060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=852060"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/852060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/852061"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=852060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=852060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=852060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}