Spanish Government Refuses To Lower The VAT On Electric After A Sharp Increase In Consumer Prices

In a period when electricity prices in Spain have just seen the highest rise ever, with a 27 per cent increase in price announced only last week, today (Tuesday 12) the Spanish Government refused to drop the IVA (VAT) tax on electricity from 21 per cent to the requested 10 per cent.

Source: euroweeklynews.com