Spain cuts natural gas sales tax to help people with costs

Sep 20, 2022, 5:57 AM | Updated: 6:27 am

MADRID (AP) — Spain will temporarily slash sales tax on natural gas from 21% to 5% to help consumers face rising energy costs this winter as Russia has cut back gas exports to Europe amid the war in Ukraine.

Terera Ribera, Spain’s minister charged with energy policy, said Tuesday that the reduction in sales tax will last until Dec. 31 but can be extended beyond that date if needed. It also will apply to the sale of firewood and biomass pellets.

She said rising energy prices that all of Europe is enduring are directly linked to the reduction in gas flow from Russia as it tries to pressure Europe into dropping its support for Ukraine. Natural gas is used to heat and cool homes, generate electricity and power factories.

“These are not future threats, we are right now experiencing the consequences of the reduction in gas sent by Russia to the European Union,” Ribera said.

This is the latest measure taken by Spain, which, like governments across Europe, is trying to cushion the blow of rising costs due to shortage of supply.

In June, Brussels allowed Spain and neighboring Portugal to skirt European Union rules and subsidize consumers’ gas bills and put a cap on natural gas prices. Ribera said those measures had saved Spanish consumers some 10 billion euros in excessive energy costs.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Police officers stand guard as other officers in yellow vests walk back at the cordoned off area ne...
Associated Press

Spain finds more letter bombs after Ukraine embassy blast

MADRID (AP) — Explosive devices concealed in postal packages were discovered at Spain’s Defense Ministry, a satellite center at an air base and an arms factory that makes grenades sent to Ukraine, Spanish authorities said Thursday, a day after a similar package exploded at the Ukrainian embassy in Madrid. Authorities also said that a similar […]
7 hours ago
FILE - In this Sept. 30, 2019, file photo, Seminole County Tax Collector Joel Greenberg talks to th...
Associated Press

Gaetz friend to be sentenced on sex crimes, other counts

ORLANDO, Fla. (AP) — A former Florida tax collector whose arrest led to a federal probe into U.S. Rep. Matt Gaetz has cooperated in investigations of two dozen people for sex trafficking and other crimes, but it may not be enough to spare him a long time in prison when he is sentenced Thursday. Joel […]
7 hours ago
FILE - The logo of Google is displayed on a carpet at the entrance hall of Google France in Paris, ...
Associated Press

Google appeals huge Android antitrust fine to EU’s top court

LONDON (AP) — Google is challenging a record European Union antitrust fine that took aim at the Android operating system’s role in restricting mobile competition and consumer choice. The company said Thursday that it filed the appeal against the 4.125 billion euro ($4.3 billion) penalty “because there are areas that require legal clarification from the […]
7 hours ago
An ambulance is parked outside St Thomas' Hospital, in London, Thursday, Dec. 1, 2022. Some 10000 a...
Associated Press

UK ambulance service struggles in winter health care crisis

LONDON (AP) — Thousands of patients each week are being stranded for long stretches in ambulances outside overflowing British hospitals, a growing crisis that has likely contributed to scores of deaths, health care leaders said Thursday. The U.K.’s ambulance service is seizing up in some areas as the country’s health system faces an inferno of […]
7 hours ago
Associated Press

Is now the right time for your business to buy real estate?

For small businesses hoping to establish or expand their brick-and-mortar presence, it may seem like a bad time to sink cash into a commercial property purchase. Amid predictions of an upcoming recession, the Federal Reserve increased the federal funds rate for the sixth time in 2022, citing inflation risks and global conflict. Inevitably, this will […]
7 hours ago
Associated Press

African continent finally to receive 1st mpox vaccines

NAIROBI, Kenya (AP) — Africa’s top public health body says the continent is set to receive its first batch of mpox vaccines as a donation from South Korea. The Africa Centers for Disease Control and Prevention said Thursday the 50,000 doses will be used first for health workers and people living in the hardest-hit areas. […]
7 hours ago

Sponsored Articles

...
Quantum Fiber

How high-speed fiber internet edges out cable for everyday use

In a world where technology drives so much of our daily lives, a lack of high-speed internet can be a major issue.
(Photo via MLB's Arizona Fall League / Twitter)...
Arizona Fall League

Top prospects to watch at this year’s Arizona Fall League

One of the most exciting elements of the MLB offseason is the Arizona Fall League, which began its 30th season Monday.
...
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
Spain cuts natural gas sales tax to help people with costs