The Council of Ministers is expected to decide this week whether to renew the anti-crisis aid that will expire on June 30, such as the reduction in VAT on basic food or the reduction in the price of public transport passes and multi-trip tickets, and under what conditions.
These measures were included in a decree law approved last December with the aim of containing the economic consequences of the war in Ukraine, especially in terms of inflation. But they had an expiration date, June 30, and can only be extended with another decree law approved by the Council of Ministers.
The First Vice-President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, has already announced her intention to maintain the VAT reduction on essential foods until price levels are “more adequate.” With regard to the other measures, Calviño said that the Government is conducting an analysis of which ones will be maintained and which ones will be permanently eliminated.
